Income investing strategy
My risk profile is medium with a focus on regular income, given that I am retired and do not have any source of employment income.
My current portfolio is heavy on banks $OCBC Bank(O39.SG$ and $DBS Group Holdings(D05.SG$ and my plan is to hold them as the interest rate cycle plays out, for about 15% total return during 2022.
Additionally I’ve been snapping up some quality REITs with good interest coverage ratio, high amount of hedged interest rate debt and robust tenant/ lease expiry profile, while keeping an eye on sector and gengraphy diversification. my top picks are:
$ManulifeReit USD(BTOU.SG$
$KepPacOakReitUSD(CMOU.SG$
$CromwellReit EUR(CNNU.SG$
$IREIT Global SGD(UD1U.SG$
$Mapletree Ind Tr(ME8U.SG$
$CapitaLandInvest(9CI.SG$
With these I expect to achieve a 25% total return this year with decent dividends being returned to me over the year.
My current portfolio is heavy on banks $OCBC Bank(O39.SG$ and $DBS Group Holdings(D05.SG$ and my plan is to hold them as the interest rate cycle plays out, for about 15% total return during 2022.
Additionally I’ve been snapping up some quality REITs with good interest coverage ratio, high amount of hedged interest rate debt and robust tenant/ lease expiry profile, while keeping an eye on sector and gengraphy diversification. my top picks are:
$ManulifeReit USD(BTOU.SG$
$KepPacOakReitUSD(CMOU.SG$
$CromwellReit EUR(CNNU.SG$
$IREIT Global SGD(UD1U.SG$
$Mapletree Ind Tr(ME8U.SG$
$CapitaLandInvest(9CI.SG$
With these I expect to achieve a 25% total return this year with decent dividends being returned to me over the year.
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ducati76 :
102232720仗义执言 : Wise choice
snoopy123 : can share why you park $CapitaLandInvest (9CI.SG)$ under REITs category coz i thought it's not exactly a REIT per se? thanks
hsrivasOP : Sorry I meant CICT but couldn’t find the tag. The one you mention isn’t a REIT but does derive most of its income from property rentals.. however it’s a tad richly priced right now in my opinion
Rong00 hsrivasOP: Good choice
I have invested quite heavily in CICT too for its dividend and potential to move to next target price. As for the banks, I have recently read an article which mentioned the sg banks are currently all time high, there may be profit taking and correction in next few weeks.
hsrivasOP Rong00: Yeah CICT should give decent capital gains due to full reopening. As for banks, true they are fully valued (DBS especially), BUT rising interest rate cycle should play out and provide a big boost to bank NIMs. For example my mortgage interest rate is set to go up from 0.6% to 1%+ (floating) or 1.4%+. Imagine what that does to the financial performance of a good local bank.
newbie8978 : Good at least got some return while retired