if you earn 7%, you will double your money in 10 years (rule of 72)

[mattmanticus]

2023 distribution

Sentral REIT 8.3%

Hektar REIT 7.7%

YTL REIT 7.6%

PavREIT 7.1%

Capita REIT 7.1%

IGB REIT 6.02%

Just FYI. We have safe investment gems in KLSE. if you go back 10 years, 2014-2023, almost every REIT on the list managed to do 7-9% except for COVID years.

And the list isnt exhaustive or the best...its just a selection of well known names

Again..im not saying REITS ARE THE BEST...WIN ALL ELSE. Im just saying, KLSE REITS can be part of a diversified portfolio that is easy to start for new investor. Without management fees, without forex fees, no witholding tax etc

If you dont agree that is fine, not here to force you to buy reits. if you think crypto/etf/voo/vt/vwra is better, thats also fine.

One advantage mreits has over overseas investments, is the dividen is in myr and can be spent straight away or reinvested

But 1 thing i think REIT is superior to...is actual physical property. All the aunties asking you to take out 30 year loan to buy a property to rent....please...tell them go fly kite and get REITS instead.

 

[joiner007]

@mattmanticus These numbers are total returns or distributions only Keep in mind if distribution is 7% but growth is -7% then you’re nett 0% yeah.

eg. Sentral REIT fell 11.54% last year and distributions were only approx. 8.30% for year 2023, so you do the total return maths Negative!!

Not sure why so many people focus on dividends dividends dividends when it’s not indicative of anything!

 

[mattmanticus]

@joiner007 totally agree. Sentral for me has not been performing, but thats due to Covid, and its mainly focused on office space. Overall capital gains down 6.4%. but CAGR over 3 years still 6.3%+ (still beat EPF )

I have been reducing my share of Sentral slowly.

https://preview.redd.it/yppy61ncfzf...bp&s=5e96c0754f2b8c412bd739132c86151fbfe51812

 

[joiner007]

@mattmanticus Are all these REITs returns worth the risk compared to lets say VWRA tho Imo I would say no.

 

[mattmanticus]

@joiner007

VWRA

diffrent pros and cons. nothing stopping one from doing both.

 

[cpossanza]

@mattmanticus What would be the possible cons of VWRA from your perspective? As an investment newbie my understanding is that the long term returns are pretty consistent all around

 

[mattmanticus]

@cpossanza its easy to sell your mreit in an emergency, and the proceeds are in myr, same with mreit dividends...paid out in myr, can spend or invest, up to you.

With VWRA as a long term investment with 10-20 year window, selling it will negatively impact your overall strategy, as well as the proceeds being in USD, which has to be converted back, which incurs forex costs.

 

[brdbroken]

@mattmanticus Which broker has such a nice position layout?

 

[mattmanticus]

@brdbroken It's simply wall st portfolio manager

 

[blizz]

@mattmanticus Not true...

https://dividends.my/igbreit-5227/

 

[mattmanticus]

@blizz

my bad, its 6.02%, was looking at another chart that listed div in cents for 2023, 10.47, edited.

 

[ream]

@mattmanticus Er.. REIT investor here. One look at your data on IGBREIT already questionable - 10%+pa net DY%? Unless one bought at crashed prices and held, may be, but on average net dividend / price every year - nope.

 

[mattmanticus]

@ream my bad, its 6.02%, was looking at another chart that listed div in cents for 2023, 10.47, edited

 

[ream]

@mattmanticus https://mreit.fifthperson.com/ - simple one-shot view of current price VS trailing 12 months' dividends + gearing ratios & etc. NOTE - the DY% shown is BEFORE 10% withholding tax ya, not net

 

[mattmanticus]

@ream thanks. good resource, i been using dividends.com.my

 

[dongchau123]

@mattmanticus helo, im a fellow reits investor since 2012. kindly check the stock price from 2012 until now, tell me thats a good investment..

give u example, arreit, amfirst, twrreit and hektar even. minimum already drop 50% in share price. i know, because i lost alot on reits.

if you die die want to hold reits ,i only recommend pavreit, sunreit, igbreit, bcos of their malls. dont touch others.

 

[dersaemann]

@dongchau123 Hey fellow I know your pain, I should have dump all my money on us stock that time instead of KLSE

 

[dongchau123]

@dersaemann yes.. this was a painful experience haha

 

[mattmanticus]

@dongchau123 did you DCA from 2012?

 

[dongchau123]

@mattmanticus lucky No. all the reits i mentioned hasnt recover to their high prices. if you dca every year the dividend cannot cover the loss.