Over the past month, I made two large additions to my dividend portfolio by increasing my holdings in NTT DC REIT and Daiwa House Logistics Trust and a small addition in Asian Pay TV Trust.
These purchases have increased my projected annual dividend income to $100,591.61, while improving the overall quality of my income portfolio.
Buying More of What I Understand
As my portfolio grows larger, I have become more selective with where I deploy fresh capital.
Rather than constantly searching for the next high-yield stock avaliable in SGX, I rather increase my exposure to businesses that I have already spent considerable time researching and have high conviction in. Sometimes the best investment idea is not finding something new, but simply buying more of what you understand well.
NTT DC REIT continues to fit that description. The long-term demand for data centres remains supported by structural trends such as artificial intelligence, cloud computing and digitalisation....