Bros,....

Let's talk about this now.....

My Investment Objectives would be for Income, and then for Capital Appreciation at the side.

To get a 'feel' of these counters, at present Stanchart Singapore offers quite good brokerages for investing into the Australian Securities Exchange, the ASX !

If you have AUD notes in-hand, you can open a Multi Currency Account (MCA) with DBS Singapore, and then bank-in your notes into the AUD Wallet of your MCA. No extra charge to bank-in Aussie notes,....

Then, if you wished to buy Aus counters with these notes, you can open a brokerage account with DBS Vickers, and buy using your Aussie Dollars banked-in earlier.

Otherwise, you can TT over your AUDs in the normal way,...

There will also be local brokerage accounts which you can use to buy Aus counters. Perhaps forummers like AVFAN, Showtime, Prince and others can guide us more on this,...

Australia’s Economy Shrinks Most in Eight Years; Currency Slumps

by
Michael Heath


December 6, 2016 — 7:40 PM EST Updated on December 6, 2016 — 11:55 PM EST

➞
Economy suffers only fourth quarterly slump in past 25 years

➞
Most observers see growth rebound from rising resource exports

While Australia’s economy shrunk last quarter, it’s probably more of a red flag than a precursor to recession.

One of only four quarterly contractions in the past 25 years, the so-called ‘lucky country’ is unlikely to suffer a second consecutive slump -- just as in those prior periods. But it’s a wake-up call for lawmakers that recent political timidity and gridlock is unsustainable, as is reliance on monetary policy to support growth with a 1.5 percent interest rate that may not even fall further.

A growing chorus of high-profile economists and international institutions are calling on Australia to follow U.K. and U.S. plans to use infrastructure stimulus, particularly with global borrowing costs so low. But the government has made clear its priority is returning the budget to balance as it seeks to protect a prized AAA credit rating.


Wednesday’s report showed:
•Gross domestic product fell 0.5% from previous quarter, when it gained a revised 0.6%
•Decline was driven by slump in construction and government spending
•Result was worst since depths of global financial crisis at the end of 2008 and well below economists’ estimates of a 0.1% drop
•The economy grew 1.8% from a year earlier, compared with a forecast 2.2% gain
•Australian dollar fell almost half a U.S. cent on the data



Annette Beacher, head of Asia-Pacific research at TD Securities Ltd. in Singapore, summed up the general consensus among economists to the contraction.

“We’re still confident that this is just a perfect storm of negatives and we shouldn’t be talking about technical recessions -- we should be talking about what rebound we can expect for the fourth quarter,” she said. “It just seemed like an unexpected confluence of negatives that all happened to be concentrated in one quarter.”

But while growth will probably resume given resource export volumes have further to rise, this requires little labor. Meanwhile, a residential building boom that’s employed many ex-miners is forecast by some economists to peak next year, removing a driver of growth and employment. Balancing that is an unwinding of mining investment, which is forecast to soon stop acting as a drag on growth.




What the economy urgently needs is business investment outside mining, which has failed to emerge despite the best efforts of the Reserve Bank of Australia to talk up the economy and via rate cuts. While the government is betting a proposed cut in corporate tax will encourage firms to spend and hire, opposition parties are blocking the passage of the legislation. Outside of this, there’s little on Prime Minister Malcolm Turnbull’s agenda.

One region where business investment has been strong is New South Wales, running at 10 percent per annum for the past three years. Coincidentally, that’s the only Australian state undertaking meaningful infrastructure investment.

“Effective public investments can boost GDP over the long term by creating demand, boosting business confidence, lifting growth and ultimately reducing, not increasing, the debt-to-GDP ratio over time,” said Andrew Charlton, director of consultancy AlphaBeta in Sydney. “Australia needs a short term plan to increase spending on infrastructure and other productive public assets, especially while interest rates are so low, and a medium term plan to reign in recurrent spending over time.”

His views echo those put forward by the International Monetary Fund and the Organization for Economic Cooperation and Development.

Other Details

Wednesday’s GDP report showed that government spending and resource exports failed to lift growth as they did in the previous two quarters. The slowdown from an annual 3.1 percent rate in the second quarter was dramatic, particularly when the Treasury estimates the economy’s potential at 2.75 percent and central bank forecasts match or exceed that level.
The data also showed:
•Private investment in new buildings cut 0.3 percentage point from GDP
•New engineering and new and used dwellings shaved 0.2 and 0.1 percentage points respectively
•The household savings ratio fell to 6.3% from a revised 6.7%, which helped support household spending
•The terms of trade, a gauge of export prices relative to import prices, jumped 4.5%
•Household spending rose 0.4% and added 0.3 point

This would be a good time to slowly go in again,....low bank interest rates, low economic results,... hence low asset prices. The signs are there,....

which sectors are you going in ? Financial / Industrial / Reits / Materials / Energy / Info Tech etc.

I will be using the Std Ctd ASX settlement acc to trade glad I updated at bank few days ago.

any page you can recommend for newbies like me ?

http://www.marketindex.com.au/analysis/div...5-december-2016

http://www.marketindex.com.au/how-to-buy-shares



This post has been edited by prince_mk: Dec 7 2016, 09:42 PM

I'm researching the A-REITs now,...

Taxation : At tax-time you must calculate the tax payable from your share trading by tallying up your profits, losses and dividends. An added benefit of owning shares as an individual is that when you hold a share for more than a year then you only pay Capital Gains Tax (CGT) on 50% of your profit.

RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets
 
08 12 2016 08:10am AEDT

SYDNEY - Australian shares are seen extending gains at Thursday's open, following Wall St higher despite yesterday's news that Australia's economy unexpectedly contracted.
Local share market futures added 0.9 percent overnight to 5,530 points. That is a 51.9-point premium to the underlying S&P/ASX 200 index <.AXJO>. The benchmark rose 0.9 percent on Wednesday.
- - - -

OIL
NEW YORK - Oil prices slid on Wednesday on bearish U.S. petroleum inventory data and doubts that production cuts promised by OPEC and Russia would be deep enough to end a supply overhang that has weighed on markets for more than two years.
Brent futures fell 93 cents, or 1.7 percent, to settle at $53.00 a barrel, while U.S. crude lost $1.16, or 2.3 percent, to settle at $49.77.

Then dont keep more than 1 yr ? If more than 1 yr, 50% on profit? How then ? Applicable for Malaysian ?

This post has been edited by prince_mk: Dec 8 2016, 07:47 AM

No bro,.. if you keep more than one year, the taxable component is ONLY 50% of your profit earned. If you keep less than one year, the taxable component is 100% of your profit earned.

1 Jan 2016 bought 1000 units at $1, paid $1000

1 Feb 2017 sold 1000 units at $2, gross amount $2000

Profit = $1000

Tax = 50% x $1000 = $500 ??

This post has been edited by prince_mk: Dec 8 2016, 09:34 AM

$500 is the Taxable Amount. This Taxable Amount will be added into the other taxable amts generated from employment, other incomes, etc, and then to calculate from there,...... the tax bracket that an individual falls into.

Oic. We are Msian. Does this impact us ? Or this only impact the Aussies citizen only ?

Aussie tax residents, bro,...

A_REITS !


https://www.nabtrade.com.au/content/dam/nab...20watch%201.jpg

Opportunity is emerging in yield stocks as the market stampede towards cyclical growth companies tramples valuations in interest-rate-sensitive sectors.
Investors could not get enough of the big mining stocks and other cyclicals after Donald Trump’s surprise win in the United States election sparked hopes of a stronger US economy and higher commodity demand. It unleashed the bulls.
The flipside was firming expectations for US interest-rate increases and a higher US dollar. The market has baked in a US rate hike in December and expects further increases in 2017. That’s bad for the so-called “bond proxies”, such as infrastructure stocks and listed property.
Sector rotation from overvalued defensive yield stocks to undervalued cyclical growth stocks was well overdue. I went cold on pricey infrastructure stocks, such as Sydney Airport and Transurban Group, in July, just before their price pullbacks.
But I underestimated the strength of commodity prices and gains in BHP Billiton, Rio Tinto and Fortescue Metals Group. As I outlined in November, the resource sector had rallied too far, too fast, and was being driven more by sentiment than fundamentals.
This rapid portfolio tilt has pushed several mining stocks to 52-week highs, and key infrastructure stocks and listed property trusts to near 52-week lows – a trend that should put yield stocks back on the radar of value investors.
Yes, rising bond yields are bad for interest-rate-sensitive stocks. They make equity yields look less attractive and hurt companies with higher debt. But the market has quickly priced in expectations of higher bond yields in equity valuations – and then some.
Commentators are warning against buying the big defensive yield stocks. They might be right in the next few months as momentum towards growth stocks lingers. Blanket views, however, overlook improving valuations in yield stocks for long-term investors.
Consider the Australian Real Estate Investment Trust (A-REIT) sector. It leapt in the first half of 2016 as bond yields fell and investors sought defensive sectors. The S&P ASX 200 A-REIT index rallied almost 20% in the first half of 2016, in a flat market.
Then it tumbled by almost as much from July as prices became overvalued, the 10-year bond yield rose and the August profit-reporting season for A-REITs disappointed. At its peak, the A-REIT sector traded 29% above its Net Tangible Assets (NTA) in July on Macquarie Group numbers – a valuation premium that was unsustainable.
The A-REIT index has given back most of its gains in 2016. This index is up 5.9% this calendar year (on a total-return basis, including distributions). That compares with a 7.1% return for the S&P/ASX 200 index.
This is a rare period of underperformance for the A-REIT sector against the broader share market over the past three years. The ASX 200 A-REIT index’s annualised total return of 15% compares with a 5.3% return for the ASX 200.
That does not mean the A-REIT sector is undervalued or that investors should load up portfolios with listed property trusts. The sector is still trading around 7% above NTA on Macquarie numbers (although care is needed with aggregate NTAs because of the high weighting of Westfield Group and other large A-REITs in the index).
That suggests value is improving in select A-REITs.

Added date and time of publishing : Wed 07 December 2016 12:00 PM

This post has been edited by Hansel: Dec 9 2016, 10:11 AM

Ascendas REIT reallocates assets to Australia

It divested assets in China while expanding presence down under.

Ascendas real estate investment trust is making a strategic move in divesting its assets to China and increasing its exposure in Australia.

According to RHB, Ascendas divested all its three industrial properties in China.

"The properties were divested well above book value and is positive amid current challenges, especially in Tier-2 and Tier-3 cities, in China’s industrial property segment," RHB said.

On the other hand, it has decided to increase its presence in Australia's industrial property market, from which 13% of its portfolio is located.

"We think this is a good opportunistic move by the REIT as Australian assets provides stability, with their triple net lease structure and a built-in annual rental escalation of 3-4% pa. The high cap rates (~7%) of Australian industrial properties also allows it favourable yield accretive acquisitions in future," the brokerage firm noted.

- See more at: http://sbr.com.sg/commercial-property/news...h.bIc2JlOs.dpuf

http://sbr.com.sg/commercial-property/news...ssets-australia

so, now Ascendas reits will be in my radar...

Yeah,... but even better if we can dip our fingers directly into Australian assets ourselves,...

Need not remain behind these proxy SG REIT managers,....

Edited to make my points clearer.

This post has been edited by Hansel: Dec 14 2016, 01:13 PM

i not yet analyse how or the best method to buy Australian asset .. so temporary ASCENDAS , FRASER.. also Aud related.

I m still bit blur on ASX market. slowly following you and reading abt Australian assets

I agreed with you too. we invest directly in ASX market and remove the proxy Sg reits managers. Good idea.

but must see the initial amt to invest in ASX market too coz I got limited bullets and started with Sg reits 1 yr ago.



This post has been edited by prince_mk: Dec 14 2016, 08:34 PM

Take it slowly, bro,... you're doing well,....

After the rate hike last night plus the three anticipated hikes next yr, there does not seemed to be any knee-jerk downward pressures on my counters in the ASX !

But as I type now, I see the Aus Indices levelling off after a plunge at open. It's just one hr into the open this morning.

The Aus Indices are turning back up !!!

I believe the 50% CGT discount for foreigners was withdrawn some years back.

As a foreigner, Aussie tax is unfavourable as you don't get the above CGT discount and tax-free threshold for income tax (32.5% for first $87k in FY17), and you don't get to utilise franking credits for dividends.

The only minor consolation is that you can use capital losses or interest payments to offset your gains.

Tq Chinoz,... appreciated yr explanations.

May I know pls, what is CGT, and if a foreigner has not sold the shares (meaning realise the losses), how does he use the losses to offset the dividends earned at year-end ?

CGT = Capital Gains Tax.

Just like how RPGT is payable in Malaysia when you profit from sales of Real Property, CGT is payable when you profit from sales of capital assets.

Capital losses can only be used to offset capital gains, and can be carried forward to future years - should've made it clearer in my initial post.



So if you make $5 profit on one stock counter, but incur $2 loss on another, your net capital gain for that year is $3.

There may be other deductions permitted with regards to dividend income.
For instance, if you've borrowed money to purchase said dividend stock, you're allowed to deduct the interest expense.

Disclaimer : I'm not a tax accountant, just a frequent lurker of the ATO website.

Tq Chinoz,... there is no mention of capital loss for that year being able to offset against dividend earned for the same year,... as I can see. Have you come across this eg in the ATP website, or from experience ?

where to find list of A REITS australia?
any link to share?

i actually hv AUD sitting in FD in msia now earning 2% per annum. these AUD was collected from like many years ago.. when the exchange was only 2.30 and the AUD FD RATE was 6% or so...

so, maybe will TT these AUD to SG then from DBS buy AUD reits?

The brokerage is cheaper if you go with Stanchart,.. but it's up to you,...

I don't have a specific site, I just follow "The Motley Fool".

You cannot offset capital losses against dividend income.

Capital losses can only be offset against capital gains.

Tq, Chinoz,...

Just curious. Let say I have some AUD in the dbs MCA acc.

can I transfer from the AUD in the MCA acc to Std Ctd AUD settlement acc ? doable ?

for reading pleasure on ASX reits :

http://dividend.net.au/real-estate-investment-trust-reit/

I actually have some ASX shares (1 A REIT,1 telco) from my uni days, the Aussie bank account and ASX brokerage account

but my brokerage is quite high minimum transaction AUD500/per txn brokerage AUD18.14

so far my dividend only subject to withholding tax around 15% for AREIT and 0% tax for the telco(its fully franked)

This post has been edited by ryan18: Dec 16 2016, 10:32 PM

https://www.ato.gov.au/General/Capital-gain...r-capital-gain/

Yes, you can do that, it will be by using TT, TT'ing from one local bank to another.

Tq Ryan,....

Who is yr broker (brokerage) and which bank do you bank with ? Only 15% for AREIT ? Is it over the whole dividend amount or over the income component only and not the capital return component ?

Because an AREIT dividend can comprise different components making up the dividend payout.

Hi my broker is Commsec, I bank with CBA/Commbank. All these were opened few years back when I studied there for 1 year.
About A-REIT, non resident are only subject to non resident withholding tax. I assume it's around 15% as every time my dividend value of $17.40 gets a $2 deduction for withholding tax

Tq, bro,...

Your 15% tax is taxed upon you when you were there studying for that year or today, when you are back in MY ?

Hi bro,
the 15% is taxed everytime i receive the dividend

As per below is a sample of the latest dividend statement which i have received.

Rate per security Participating
securities
Gross distribution
amount
VCX-ordinary 8.9 cents 200 $17.80
Less non-resident Withholding Tax: $2.00
Net Amount: $15.8

They shouldn't withhold 15% when you were studying there, cos you were staying there... right, bro ?

Yup when I am studying in Australia they did not withhold anything.sorry for not explaining clearly

No prob, bro,... great explanations there, ... if you are still keen on Aussie REITs, I recommend that you look at Cromwell Property Group, CMW now.

As we discuss abt potentials in the Aus Securities Exchange, knowing abt the AUD is also important. Did I miss something, or has the AUD STRENGTHENED AGAINST THE USD after Nov 8, DT's win in the presidential elections ?

This is the graph : https://au.finance.yahoo.com/echarts?s=AUDU...AUDUSD=X;range=

I am seeing the AUD became stronger than the USD !!!!!!!!!!! Why ??

Thanks but I have no intention of increasing my investments haha, I will keep my current ones.

OK,....

what is the min units for every purchase ? same like Sgx 100 units ?

This post has been edited by prince_mk: Dec 20 2016, 09:06 PM

They don't go by number of minimum units. It depends on the brokerage that you use, the brokerage instils a minimum value of purchase, eg AUD500, etc,...

any idea for Sg Std Ctd boss ?

I'm afraid not, bro,...

ok, will write them an email.

I thought it applies for all currency. Now only I know different currency got different requirement. will update you all later.

The ASX finally dropped today. Chances to go in !!! Hopefully will be the same tomorrow.

NAB divyy is pretty good at 6.28%

Yeah,... Banking counters have been on an uptrend. There are many counters with yield at above 8% now, with good qualities. Entering at this time is just ahead of the upcurve,...

Care to share them here?

Here......enjoy!

http://dividends.com.au/

http://www.fool.com.au/2017/01/12/is-natio...-dividend-safe/

Tq bro for the sites,... I have accumulated 13 counters till now,... hmm, quite a lot,.. but I've not gone through the one-year cycle yet,... hence, I can't tell if my ctrs are resilient. I do use the second site in the above, but I find the picks not giving me high enough yield,....

Then, I have to learn still quite a number of things to earn enough !

National Australia Bank Ltd. (ASX: NAB) and Macquarie Group Ltd (ASX: MQG) offer big dividends to shareholders and have quality franchises.


Source: Google Finance
Source: Google Finance



Should you buy NAB and Macquarie shares in 2017?

As can be seen in the chart above, both the NAB and Macquarie share prices have rallied strongly in the past six months.

Given their strong performances it is important to remind ourselves to not become overexposed to the sector. Indeed, if you already own shares of NAB or Macquarie, or maybe some other financial company, for risk purposes, you may want to reconsider buying more.

For example, if 25% or more of your portfolio is exposed to the financial industry it may be time to consider diversifying into other sectors.

Now that the warning is done, here are three reasons to consider owning NAB and Macquarie Group shares:
1.Big dividends – In the year ahead, NAB and Macquarie shares are forecast to yield dividends equal to 6.2% fully franked and 4.7% partially franked, respectively.
2.Relative safety – Australia’s largest banks are highly regulated and dominant in their respective industries. Both of these factors lend themselves to better defensive qualities than ordinary ASX shares over the long term, in my opinion.
3.Modest long-term growth – Both banks are well funded and boast leading market shares of key products. NAB is a leader in business banking while Macquarie is Australia’s premier investment bank. I think that puts both banks in good stead for modest growth over time.

Foolish Takeaway

Macquarie and NAB are two leading Australian banks. NAB has refined its operations and can now focus on its core assets in Australia and New Zealand, while Macquarie continues to post impressive growth locally and abroad. However, it is also important to pay a good price.

Therefore, being patient and waiting for a lower entry level may be prudent. If either bank falls back from today’s share price levels I will consider buying in.



In the meantime, you should know we've just released our #1 dividend pick for 2017.

With its shares up 155% in just the last five years, this 'under the radar' consumer favourite is both a hot growth stock AND our expert's #1 dividend pick for 2017. Now we're pulling back the curtain for you... And all you have to do to discover the name, code and a full analysis is click the link below!

We learn together!

Look at this counter, bro : CUP ! Tell me what you think,....

Just want to ask how do you fund your ASX? An Australian bank account and Australian broker?

From the Fool....

Countplus Ltd (ASX: CUP) is an aggregator of accounting practices. The company acquires small accounting firms which tuck-in to the Countplus member firm network, providing small businesses access to scale. Countplus listed on the ASX in 2010 at $1.40 and currently trades at all-time lows, making it one stock that is worth a deeper look.

Business model

Countplus acquires small accounting firms through a cash and/or equity payment. Interestingly, Countplus does not employ its own staff. Instead, Countplus keeps the Principals (owners) and staff of acquired firms employed and takes an annual royalty/franchise payment.

Management recently introduced a new direct equity plan which allows Vendor Principals to buy-back up to 40% of the member firm from Countplus. The scheme allows Principals to re-purchase equity from Countplus, leading to better stakeholder alignment.

This business model incentivises performance as Principals remain in charge of the business; since most member firms are small, owner-owned practices, Principals are usually the founders of the business and have a vested interest in doing well. This makes Countplus’ business model an attractive proposition, given the majority of its shareholders are strongly aligned to the group’s performance.

Earnings road bump

As announced in April this year, Commonwealth Bank of Australia (ASX: CBA) owned 36% of Countplus due to Commonwealth Bank’s acquisition of Count Financial Limited in 2011. Speculation is mounting that this stake will be slowly divested in the coming years. This may place downward pressure on its share price, however, I believe most of that is already priced in, meaning the real driver to share price should be its earnings.

In its latest full year results, Countplus reported an increase in underlying profit of 15.9%. However, in absolute terms, earnings fell 15.1% due to the cessation of loyalty payments from Commonwealth Bank (which were part of the terms of the Count acquisition).

Performance expectations have tempered as a result, with the company providing an update to its outlook at its Annual General Meeting on 25 November 2015.

Stable income stream

The accounting industry is expected to grow by an annualised 3.7% according to IBISworld. Despite the lack of guidance provided by management, I believe Countplus should manage to grow earnings in the current climate.

If earnings per share remain flat at 9 cents per share, Countplus should be able to maintain its annual 8 cents fully-franked dividend. This places it on a forward yield of 11.9% (inclusive of franking credits), providing a solid income stream to the patient investor.

Foolish takeaway

In the interim, Countplus’ current operations should continue performing to plan, with supportive industry dynamics providing favourable tailwinds for the business. Although management has indicated debt levels will rise as a result of further acquisitions, the long-term outlook remains positive. Accordingly, Countplus’ current dividend yield on offer makes it worth a look at today’s prices.

http://www.countplus.com.au/Shareholder-Centre/Reports

will start analyse AXS

start with brokerage.

this is DBS brokerage. o.k ka?
ONLINE
Commission (AUD) Commission
Minimum AUD 30 or 0.4% of trading principal (whichever is higher)

or should consider buying from M'SIA?

I suggest not within Msia,.. go out,... DBS comm is high, but if there is no choice, then must go with it. I would suggest opening an account with Stanchart Sgp, if you can,... only AUD10 per trade,....

Are you ready to live in Australia, bro ?? If you are, then we can talk further !

Otherwise, we talk abt via Singapore ONLY !

Actually I am planning to live in NZ. Australia is too crowded and the people are more racist compare to NZ

OK,... bro,... you should learn the NZX then, opening of accts, etc,...

But I don't mind diversifying into ASX. BTW, I just finished my uni. No income yet. Even if got income, I can't buy property in AU (too expensive)

This post has been edited by Ramjade: Jan 13 2017, 12:50 PM

We are talking abt Aussie equities, not property, bro,....

Moving to AU = buying a property for future stay. Takkan want to rent.

heard AUD property prices double up every 5 yrs.. betul ka?

If you read Gen-X''s blog, he said you are lucky if you can even get 1% return. Most people get (-) returns as they have lots of fees.

too early to foresee so far. I guess u better get yourself a job. then u may consider after 5 yrs from now.

what shares can we consider at the moment for a start ? for a newbie like me ? I have Stanchart SGP.

Let say I bought 1000 units on 2 Jan 2016 at AUD5.

Annual dividend : 0.31

Purchase on 2 Jan 2016 = 1000 units x AUD5 = AUD5000

1000 units will get dividend = 1000 units x 0.31 = AUD310

How about the franking credit of $0.06643 ?

Mind if you show me the calculation for each dividend declared. I m still thinking how much would I get for purchase of 1000 units.


This post has been edited by prince_mk: Jan 19 2017, 09:21 PM


Attached thumbnail(s)

Australian companies are known as having some of the most generous dividends across the world. This approach by Australian businesses may result in slower growth, but it does reward shareholders with the assured rewards of dividends.

Dividends are great because they are paid to shareholders like clockwork, whereas trying to know when to buy and sell shares makes it harder to know when to push the trade button and you also have to factor in brokerage costs.

So which stocks are the best ones to buy for dividends? It’s generally thought that large blue chips are the biggest dividend payers and most reliable, so here are three dividend stocks that could make solid additions to your portfolio:

a) Crown Resorts Ltd (ASX: CWN)

b) Medibank Private Ltd (ASX: MPL)

Try CUP !

Bro,.. if you are not a resident of Australia, don't worry abt the franking part ! LIke I said previously, only if you're ready to stay in Australia do you think abt the franking credits.

Ok thanks sifu. Then pass. No intention to stay there. Let me do some research on the dividend.au first.

It seems u have started much earlier than I thought.

Thanks for leading us.

This post has been edited by prince_mk: Jan 19 2017, 10:31 PM

... When mind is made up and the target is there, must chase,... if just to talk only, then can never get done.

Try NAB !

Bro,.. what is the source of your article in the above ?

I never talk empty. Sure will follow your lead.

U see Sg reits after u leaded me 1 yr ago. Now I m harvesting d dividend.

Sifu,

http://www.fool.com.au

Glad that I could help,... bro,...you can sit back and just wait for the divvies every qtr,....

Okay,.. that art was from fool.com,...

http://www.fool.com.au/2016/02/23/7-reason...ank-ltd-shares/

Wonder should I go in or look into others ?

Countplus. CUP

Countplus is an accounting and financial services aggregator with a 5.04% stake (or 5,882,540 shares as at 31 December 2015) in listed cloud based SMSF administration software provider Class Limited (ASX: CL1).

The equity stake in Class provides Countplus’ shares with the impetus to grow in value, as the underlying investment in Class swells day-by-day. Accordingly, investors in Countplus benefit from both companies’ growth.

The yield

Countplus pays (and has paid since listing) a quarterly dividend of 2 cents per share, providing it with a robust trailing yield of 9.1% before tax at current prices. Importantly, this dividend is fully-franked, meaning the yield surges to almost 13% after tax.

My opinion is the writer here does not know how to value NAB because the reports are complex. I personally think that it wouldn't go wrong to invest into this major bank of Australia. If the sp should drop, just hold-onto the counter and collect the dividend. The dpu looks stable to me,... and the yield is very good for such a big bank.

At last price, I calculated the yield for NAB is the highest among the four major banks.

Well,... I hold CUP. And I'm watching this ctr closely,... even if they chop the dpu, the current yield is high enough for it to withstand a dpu chop !