General - Happy New Year

Happy New Year to all.... It had been an interested 2009 and let's hope 2010 will be a better year for Singapore and its citizen.

Investment - Cambrigde Industrial Trust

Cambridge Industrial Trust is a REIT that invested in real estate which is mainly for industrial (including warehouse) purposes. It was one of the first few counters that I have invested. I have selected to invest in this counter for the following few reasons

1) Good Regular Dividend payout
2) Stable Income
3) High portfolio occupancy
4) Majority of the lease expires after 2013+

When I first bought this counter, the price is at $0.28 which is really a good buy since the approx. dividend per year is around $0.05. Since then I have increased my holdings from 2 lots to 5 lots. This counter have so far never failed me and continue to be performing very well in term of yield and capital gain.

The only downside that I see in this counter is its high gearing ratio. But I believe with the economy continues to improve in 2010; this counter will be able to continue to do well.


Present Price : $0.45
NTA : S0.60
Approx Yield : 10.7%

http://www.cambridge-itrust.com/

Saving Tips - Currency Exchange

If you are going to overseas for holiday or work, one of the things that you cannot avoid doing is to go the money changer to change to the currency of the country that you are going.

For most of the case, you will most likely to go to the local money exchange in your country to do the exchanging before you go overseas. But what I found out is that for most cases, the local money exchange in the country that you are entering normally offer a better rate of exchange. It will be a good idea to seach in the internet the offical rate of exchange that is being offer by the local bank of the country that you are entering and compare the exchange rate. You will be surprised of the better exchange that you will get in there.

(P.S : I am only refering to the authorised money exchanger rate)