Wednesday, July 21, 2021

3000 FCT

 Bought more FCT today

Many are feeling negative due to the high infection covid numbers

around 180 today

price dropped to around 2.39

still an opportunity to buy

dividend @ 0.12 is around 5%


also thought to myself

if you are a land lord, you want some where that is high traffic and energy

the highest energy is retail, as compared to residential, commercial or industrial


in terms of leverage, I think I am still ok

around $4k buffer in IG account

and I have some cash saved up, will not deploy to pay back the debt from share financing

the longer I delay, the bigger my portfolio will grow during this time of slight discount


previously I calculated after ascenda purchase, the AUM for Singapore shares is around 275k

so after purchasing 5k units of FCT during these 2 days, at around 2.4

total is now around 287k

and also  lian beng might not be able to buy back my shares

so 287k is pretty good, considering I am aiming for 300k


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