Portfolio Updates – A good start to the year (consoling for me) – The Global Tofay

Portfolio Updates - A good start to the year (consoling for me) - The Global Tofay Global Today
2019 started off very well as my portfolio recovered partially. Not in all but it has consoled my heart. Here are some of the updates.

Asian Pay Television Trust

I have a residual portfolio of 32,000 shares which I sold it earlier this year at $0.127. I know that it has recovered but I was looking at the statistics and I don’t think there is any reason for it to go up. Thus, I sold it off and look for other opportunities.

Sasseur REIT

Looking at the statistics of Sasseur REIT and the recent drop in price, it has become attractive that I actually bought 60,000 shares at $0.64. Thus it is worth about $38,000. The reason is that it is trading at an attractive rate of 9.6% yield and it is also trading at the discount to its NAV. Currently, it is the highest yielding REIT which is still trading below NAV, especially most of other REITs have rallied and thus it is less attractive.

Overall Portfolio

With that, my current portfolio is giving me about $3,800 dividends every month on average. It seems that I have an additional person working and contributing to the family and it helps to pay off a lot of my bills. I have included my car loan and my renovation loan into the calculations which isn’t necessary as it is not part of the investment portfolio. Just to include and see how it works out for me.

Lastly, have a blessed new year to all readers.

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