Wednesday, May 5, 2021

Added Ascendas REIT

 Bought 3000 shares today.

Am feeling a bit risky, as I am still using borrowed and leverage money.

The price is $3, and it seems quite good.

assuming past dividends of around 0.16 per share, it is around 5.3% yearly.

Felt positive as vaccination is going on

There is some fear in the market, as Singapore enters phase 2 again.

Also felt greedy because it feels like the last chance to buy before the covid recovery progresses more.

The reit also recently invested $1 bil in Europe's data centre.


As mentioned previously, I feel a little risky.

Only have around $3k left in IG available funds.

If Tesla takes a big hit, or Singapore REITs in that account, then I need to take some actions.

But there are some actions I can take.

Transfer the REITs to share financing accounts.

Dip into $10k cash reserves.

Liquate shares.

Borrow personal loan.

Sell my silver.

At this point, I have line of defenses, and if needed, I will consider them.

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