The SRS portfolio received $770 of distribution from AIMS APAC REIT on 24 March 2023. The portfolio value improved from $350k in my previous update to $355k.
AIMS enjoys a high occupancy rate of more than 97% and is pretty well managed. The DPU grew by 10.2% over the same quarter the year before and is currently trading at a yield of more than 7.8%. Nothing that I should be concerned about at this juncture.
Moore's Law
I am sure you have heard of Murphy's law, but have you heard of Moore's Law? Anyway, he just passed away on 24 March and he was a co-founder at Intel.
In 1965, six years after the invention of the transistor, Moore forecast in a magazine article that the number of transistors and other components on a chip would double every year for the next decade. The prediction, dubbed Moore's Law by an Intel colleague, has come to exemplify the onrush of technological advance ever since....