Use moomoo or FSM for sg reits. You want access to rights and placement. Ask moomoo customer service and see how to apply for rights as a Malaysian staying in Malaysia.

For now, no tax. But I think coming soon 2026? 3% tax. Suppose to start this year but backlash so push to 2026. Watch the budget. Will tell you everything. I have never bring my money back and will continue reinvesting unless I need the money.

IBKR is good broker just not for sg reits.

I thought Manulife destroyed already? Still alive?

Got news that one of their client neo telemedia in china going bankrupt. And it contribute like 10% of their DPU.

This post has been edited by Ramjade: Oct 19 2023, 12:52 PM

That is why I follow createwealth8888 teaching (he passed away already). Do not invest in reits for the follwoing reasons:
1. You will become ATM machine to the reits
2. Reit manager want to get money from the reits so just buy the REIT manager instead and collect the fees. Good or bad time the REIT will pay you the fees. That's what shape my investment into BlackRock and Brookfield and why I don't hold reits at all since like last year.

This post has been edited by Ramjade: Oct 29 2023, 08:50 AM

Actually nope. Not I quit. I read his article few years back. Didn't listen to him. Then I reread his article and it make sense. I realise that a 2%p.a dividend with 10%p.a in dividend growth is superior to 8-10%p.a with no dividend growth. My reits were cutting the dividend while my 2%p.a stock was not. In fact it's the opposite. Cannot be what. That's was when it hit me. Why go for 0-2% growth and get dividend cuts when I can opt not to get dividend cuts. That's why I don't follow assi blindly anymore and buy reits. I offload all my reits every single one into stuff like BlackRock, crowdstrike, Microsoft, Brookfield, railroads. Take the drop in dividend now and make up for it with auto 10%p.a dividend growth.

With reits paying out 90%, over time you become an ATM rather than them becoming an ATM. How fast can a REIT dividend grow? Around 0-2%p.a. That's not good. I like to see my dividends growing at min 10%p.a (and yes I am getting those results today). No need for new caah investment and my dividends automatically grow 10%p.a

This post has been edited by Ramjade: Oct 29 2023, 09:36 AM

Wow. That's aggressive. Actually CICT and ascendas is ok. Only parkway is expensive. Sats no need to say. Someone told me sats not making much money before pandemic even though it's a monopoly shows you how good is their business.

Old article. He does repeat some of his views. Anyway I stop reading/watching SG blogger stuff already except for ASSI. All buying nonsense thing or want to sell course.

Cost wise tiger or moomoo. But right now Malaysian cannot open moomoo cause they going to launch in Malaysia soon.

Not sure how is tiger and moomoo in handling rights issue.

Fsm no issue with handling rights issue.

Usually IBKR follows the rules set out by the company rigourously. If say cannot means cannot. That's why better to go with fsm for reits cause you know they always ask for money.

I kena once with acendas already. Anyway I am REIT free so all this nonsense cash call will be useless and doesn't impact me. Lol

This post has been edited by Ramjade: Jan 3 2024, 09:18 AM