IREIT Global Update

 This REIT I have followed closely since the popular finance blogger ASSI took a big position in it.

Unfortunately the price keeps dropping because of the uncertainty in global interest rates and uncertainty in Europe (its properties are entirely in Europe).

Yet, when it is dividends time, this REIT continues to pay really well, yet without overtaxing itself. It is prudent and management makes very good decisions aimed to benefit shareholders.

What a bumper dividend this time round! I will use the proceeds to either reinvest or to buy something else undervalued in Europe (I like that its dividends I’ve chosen to pay out in EUR), as I’ve done with the last few years of its dividends.

But the market keeps devaluing it.

I do question myself what’s wrong but I can find as much issues as another big holding of mine, PSNY.

So I do feel quite convicted to not only keep holding but to find some opportunities to average down.

Hopefully they are as undervalued as I see them.

HUAT AH!!!

A Taste Of Retirement

 In any case wanted to mention my taste of retirement.

This week is the school holidays so I took a whole week off.

We travelled to Ipoh which I’ll blog about later but came back on a Wednesday.

Then yesterday I took to exercising the whole morning to burn off that 2-3kg of awesome Ipoh food. By noon the kids had come home and I just nuahed around and napped from 3-5pm.

By evening we had a dinner and then I binged on Netflix this new Korean drama called Dr Slump.

Could this be my early taste of retirement?

March Investment Updates

 PSNY continues to bleed and taking a toll on my overall portfolio.

Market feels toppish so I’ve actually reverted to a little more cash. Took profits where I could.

I have this bad habit of letting my losers run for years and that’s what I’m still doing. 

Crypto is on a tear and basically more than 2x for me already. Think I’ll need to take some profits before April’s halving.

Cash is king now and UOBOne and OCBC360 combo is super awesome. Up and coming is Trust which could be my third liquid cash pillar once I max the earlier two out.

No berserker rages yet this year! This is a really big achievement for me and hope to keep that going. All my little punts are smaller and more rational, resulting in a higher win rate even if at small amounts.

Also shorted XAUUSD to earn really good and sticky carry.

Huat ah!