Dividend Warrior Feb 2019 Portfolio Quick Update - Minor Tweaks
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http://dividendsrichwarrior.blogspot.com...folio.html

Did a little re-balancing in February. Took small profits on Raffles Medical, NetLink Trust and Propnex. The funds were re-invested in Frasers Property Ltd. (FPL). This property developer is like a quasi REIT ETF, holding significant stakes in 4 S-REITs (FCT, FLT, FCOT & FHT), thus enjoys a strong level of recurring income. Furthermore, FPL has a healthy pipeline of potential quality assets to inject into these S-REITs. Lastly, there is no need to fear future cooling measures from the authorities since FPL has low exposure to Singapores residential property market.A good friend of mine has warned me repeatedly since 2017 that my portfolio is over-exposed to REITs. He is right. That is why I am looking to add one or two non-REIT positions. BIG positions. Time to clear the dust off my photon cannon. $50k available for deployment. This round of investment should push my portfolio value over half a million $SGD.
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