Because I am not working in recent months, I managed to clock between 30 to 40 km of running in total every week. Running is therapeutic for me as it clears my mind and helps me think aloud certain ideas that may form and dissect them in further detail as I run.
While I was running this morning, an idea came to me which amazed me in its simplicity and logical conclusion. Let me elaborate further. In the past few weeks, I have been writing in this blog about 2 of my favourite themes : (1) the increasing importance of retirement village developments and (2) the use of REITs (Real Estate Investment Trusts) as a passive income retirement tool. What if I can combine the 2 together since I am a firm believer of both themes?
I remember doing research on US retirement villages and reading about the US having the deepest REIT markets in the world. The REITs were so diverse that there were even some that specializes only in health care and senior housing. That is perfect as it ties in with what I believe in. As Peter Lynch has had mentioned before : “Know what you own, and know why you own it”.
A new project for me now, to deep dive into this topic and try to separate the noise from the facts to narrow down the handful of stocks I should buy. Given that I have some spare US dollars as I have been selling stocks due to less optimistic about the stock markets, this could be a sweet spot to invest in for nice passive dividend income and hopefully some capital appreciation too.
The US Vice Presidential Kaine/Pence debate is tomorrow. Let’s see if without Trump, the Republicans can avoid another week of melt downs?
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