Been taking advantage of tiger's reits event and buying into s-reits almost daily for chance to spin the wheel.
Buying minimum log of s-reits will already qualify for chance to spin the wheel, which is typically 100 shares.
Considering that many of the s-reits are around $2 and below mark, and 3rd party fees are around $1 after deduct free commission,
If manage to obtain $5 voucher and above will result in savings of around $3.8 per 100 shares. If share value is $1, and 100 shares are purchased, $3.8 savings is around 3.8% discount. If the s reits price is lower, the better the discount.
So far the rate of $5 voucher is rather high for me. So it makes sense for me Tk continue accumulating.
I had added $IREIT GLOBAL(UD1U.SI)$ $Mapletree PanAsia Com Tr(N2IU.SI)$ $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$ $MAPLETREE LOGISTICS TRUST(M44U.SI)$
Will continue to add more as long as the pricing of reits makes sense. [Cool] [Cool]
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