Updates on my Investments 101010

A friend of mine just commented that I have not written on my blogs for a very long time. Yes, I have been lazy. To cover myself a little, I have also been super busy with my new work regime over the last 10 months. In any case, I was not in the mood of working for the last couple of weeks and monitored the market and have been the following investments.

Stocks. As I need to raise some money for my renovation of my new home, I sold my profiting First Reit. It has been one of the best investments which I purchased, giving me on the average 8% yield each year. After the renovations, i monitored the market for good buys. I queued for a few stocks, namely Raffles Education, Pacific Shipping, Starhub, China Aviation, Suntec Reit and my beloved First Reit. For the record, my 1st priority is still to grow high yield stocks. Pacific Shipping, Suntec Reit and Fiest Reit are in that category. Starhub is one of the big chip which offers high yield, about 6-7%. As for Raffles Edu and China Aviation, I felt that both are in the growth industries. I had both these stocks some time ago and felt that both companies should be able to grow. In any case, I have gotten Suntec Reit and Pacific Shipping. First Reit has grown out of my reach. Both Suntec Reit and PacShipping are either breakeven or just slightly up by couple of %. I am now about 85% heavy on Reits and Shipping trusts. Think I have readjust a bit. I am too heavy on First Lease Shipping trust, about 25%. Will reduce my exposure when the price is right. If possible, will reduce to about 15%.

Unit trusts. My existing funds crashed >50% a couple years back and has not recovered. My China fund was the worse hit. Till now, I am still down by 40%. The other funds, ie Legg Mason SEA and AIA Acorns of Asia, are both still down by about 7-8%. I have read a no. of articles about yield or income funds. After doing a bit of research on Fundsupermart, I went in and purchase some Pru Mthly Income Plan Cl A. It seems to have a good record and I am thinking of transferring my Cash Fund money to this fund. I have also purchased LionGlobal Thailand and Schroder AS Gold&Metals A Acc SGD. I made small investments each for these 2 funds due to the good reviews and the fantastic run ups over the last few months. As expected, over the last 2 weeks, both these 2 funds have increased by 4+% each. Right now, I am considering to have some regular investments into a fund, ie putting a fix amount of money into a fund every month. Right now, my heart is to Schroder AS Gold&Metals A Acc SGD, as gold is much more stable than any other sectors or industries.

With my recent purchase of the high yield stocks, I have yet to achieve $1000 in yield every 3 months. My aim is to have $1000 in yield every month. This means that I have to put in about 300% of my existing capital into the stock market to achieve that aim.