Long time regular readers of ASSI know why AK was able to do much better on the investment front in 2022. It wasn't only because AK avoided the highly speculative maze of cryptocurrencies and the high growth, zero dividends high tech space. AK reallocated resources to enlarge an already relatively large exposure to our local banking sector in his investment portfolio. Investments in DBS, OCBC and UOB did most of the heavy lifting in my portfolio in 2022, raising my full year passive income above the $200,000 mark. In 2023, for various reasons, income generated from my investments in REITs as a group will likely take a hit as most have reported lower income distributions. IREIT Global, Sabana REIT, CapitaLand China Trust and Frasers Logistics Trust have reported lower income distributions while AIMS APAC REIT and Ascott Residence Trust have reported higher income distributions. With higher dividends declared by DBS, OCBC and UOB,...