Wednesday 13 June 2012

Making my cash work HARDER

Have been looking at this new Standard Chartered savings account for few months and finally took the plunge to try it out, as I walk pass the bank branch on Sunday. Well I should let my cash work harder! :)

                                      

Monday 11 June 2012

Partial sale of MIT reit

Sold off half my stake in Mapletree Industrial Reit, as immediate resistance of 1.16 is reached. Will prob sell off more at 1.2 if it moves higher further, but global markets are way too choppy and unpredictable. Will purchase more at support level of 1.1, as company (government linked) is stable and pays good dividend of about 8% per year

                             

Tuesday 5 June 2012

Partial divestment in FCOT reit

Taking partial profit in reits, as global markets look weak, and a possible start of a bear market. Starting some short positions too :)