👍October = Opportunity👍
OCTportunity for the DCA investors who also consider market timing in OCTOBER.
I believe market timing can go hand-in-hand with regular DCA investment approach. REITS has been on my top SGX watchlist since H2 '2023.
I am picky on individual REITS, although I am also DCA'ing into REITS ETFs, such as CLR (Lion Phillip S-REIT) and SRT (CSOP iEdge S-REIT), especially since ETFs can be traded in just 1 unit size since 17 Jan 2022.
My favourite REITS brand names are CapitaLand, Mapletree, and Frasers. During October, I see some good investment opportunities upon price weaknesses in the SGX REITS market, hence "timed the market" and added some positions into:
(1) CapitaLand Ascendas REIT
My targeted entry point: When dividend yield >6%, Gearing < 38%.
(2) Mapletree Logistics Trust
My targeted entry point : When dividend yield >6.2%, Gearing < 40%.
(3) Frasers Logistics & Commercial Trust
My targeted entry point : When dividend yield >6.5%, Gearing < 30%.
I will continue to park into MMF funds such as Fullerton SGD Cash fund, as the yield is still stable around 3.7 - 3.8%.
Happy investing and grow Wealth... Stay happy and great Health❣️
Modify on 2023-11-07 12:21
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