2021 Portfolio Review (Part 2)

Stock Market is a dangerous place. However, placing money in the bank would also erode value as the bank interest is near to nothing.

Portfolio Restructuring 2021:

A. Foundation Stocks (3, max 10%):
1. SGX
2. ParkwayLife Reit
3. UOB

B. Core Stocks (10, max 5%):

Decent dividends and healthy safety margin (%) from my break-even cost (including dividends):

1. Keppel DC Reit (102%)
2. OCBC (41%)
3. FCT (31%)
4. Frasers L&C Tr (77%)
5. AIMS APAC Reit (38%)
6. Mapletree Com Tr (43%)
7. Ascendas Reit (23%)
8. Starhill Global Reit (35%)
9. ST Engg (18%)
10. Mapletree Indust Tr (0%) (new addition in 2021, no safety margin built up yet)

C. Reserved list for Core Stocks (4, max 5%):

Decent dividends with healthy safety margin (%) from my break-even cost (including dividends). Not buying more and holding for further action.

1. CapitaLand I Comm Tr (51%) (Gearing > 40%)
2. Suntec Reit (34%) (Gearing > 40%)
3. Netlink NBN Tr (35%) (Growth opportunity other than from the so "big" Singapore?)
4. Cromwell Reit Euro (16%)

D. Turbo-chargers (3, max 3%):

Dividends boaster with healthy safety margin (%) from my break-even cost (including dividends):

1. KepPacOak Reit (43%)
2. Keppel InfraTr (43%)
3. Sasseur Reit (29%)

E. Bonds and ETFs:

Not looking at bonds and ETFs until now.  Will research and probably increase allocation for this type of asset class in the future.

F. Deadwoods to trim:

To get rid of:

1. SingTel, current 0% gain (My first stock. Terrible, only at breakeven after so many years!)
2. CDL HTrust, current 16% gain
3. Sembcorp Indust, current 15% loss
4. Frasers Property, current 5% loss

Also, I will do quarterly review on the above allocation.

Wishing everyone Happy New Year and a Healthy and Prosperous 2022.