Planting more REIT trees for dividend fruits

REITs counters have been battered recently due to the anticipation of imminent rate hike in December.

I have taken the opportunity to load more REITs into my portfolio.  I have added CMT, Keppel DC Reit (rights), AA Reit, MCT, CDLHT, ParkwayLife Reit and FLT.  Did not see such volatility in CMT prices in recent times.  Unfortunately, FCT and A Reit did not come down low enough for me.

Except for AA Reit, which continues its downward trend, the rest have so far recovered a bit from their recent lows. 

I do not know whether this is a good time for REITs, but the positive thinking is that I am doing this for long term passive incomes and not getting myself into a REIT quagmire.  Still, I am holding some reserves in the event of further REIT decline in December.

We already have two major surprises this year, Brexit and Trump, and who know we may yet have a hat-trick of surprises by year end?  

My Stock Portfolio @ end Oct 2016

No.	STOCK NAME	No.of SHARES	PORTFOLIO%	MARKET $
1	SGX	4,000	12.41	7.09
2	Starhub	7,000	10.36	3.38
3	SPH	6,000	9.77	3.72
4	SATS	3,000	6.35	4.84
5	OCBC Bank	1,438	5.34	8.48
6	UOB	613	5.04	18.78
7	Suntec Reit	5,800	4.26	1.68
8	AIMS AMPI Reit	6,800	4.11	1.38
9	SingTel	2,190	3.72	3.88
10	Keppel Corp	1,600	3.70	5.28
11	CapitaMall Trust	4,000	3.62	2.07
12	FCT	3,800	3.46	2.08
13	Starhill Global Reit	8,900	3.17	0.815
14	SPH Reit	6,700	2.86	0.975
15	CapitaLand	2,000	2.70	3.09
16	Keppel DC Reit	4,500	2.45	1.245
17	ParkwayLife Reit	1,800	2.02	2.56
18	Mapletree Com Tr	3,000	2.01	1.53
19	Sembcorp Indust	1,800	1.99	2.53
20	CDL HTrust	3,000	1.76	1.34
21	Frasers Com Tr	2,800	1.67	1.365
22	SIA Engg	1,000	1.61	3.69
23	Keppel InfraTr	6,000	1.33	0.505
24	FCL	1,800	1.17	1.485
25	ST Engg	800	1.10	3.13
26	Cache Log Tr	2,700	0.98	0.83
27	FE HTrust	2,800	0.73	0.595
28	Accordia Golf Tr	900	0.26	0.655
29	Saizen Reit	1,800	0.05	0.058

Movement in my portfolio in October:-
Sold:- Nil
Bought:- FCL, Accordia Golf Tr.

Dividends collected in Oct: $520
2016 avg dividends/month: $1,040.85 [49.3% up at this stage cf. 2015]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. As I expect to receive >1k dividends for both November and December, I will be meeting my target of averaging 1K dividends per month in 2016.

2. I do not think I will ever buy golf club membership, although almost bought Raffles Town Club when it launched in 2000.  So, I am indirectly getting golf club "membership" from Accordia Golf Tr and stepping outside my comfort months of February, May, August and November.

3. Current worst performing counter: Sembcorp Indust (24.9% unrealised loss). How low will SCI go?