Do
you love shopping? I think it is safe to say that Malaysians generally love
shopping and going to the malls could be a favourite pastime activity especially
during the weekend and holiday.
We
could be sipping coffee at Starbucks, watching movie at GSC and buying books at
the Popular bookstore. But have you been paying attention to the amount spent
on certain food items or products that you usually purchase in the mall? If you
do, you would have noticed that the prices of these items might have increased
over the years.
The
cruel fact is that the same quantity of items or products that we usually
purchase might cost us even more nowadays. As a consumer, we might feel unhappy
and ‘victimised’ in the extreme scenario due to potential cashflow pressure
brought by rising costs of living.
Is there anything that we could do to improve our situation?
Yes!
What we need to do is to EARN from the mall while we SPEND at the mall instead
of just SPEND & SPEND. Think of the possibility of owning some stakes in
the mall, your perception would change instantly. Think of Real Estate
Investment Trust (REIT) which is an investment vehicle listed in the stock exchange
that owns a portfolio of income producing properties for a moment.
If
you own some stakes in the mall via REIT, you are not just a consumer, you are
one of the owners of the mall as well! The equity ownership in the mall entitles
you to receive rental income distributed by the REIT as Malaysia REITs are
required to pay at least 90% of its net profit to its shareholders. Apart from
earning a steady stream of cashflow from quality REIT, you could also enjoy capital
gain in the long term if the market price of the REIT increases over time.
When
you visit your favourite malls such as Mid Valley, The Gardens, Sunway Pyramid,
Subang Parade, Mahkota Parade and Pavilion, think of the possibility of owning
some stakes in these malls via REIT so that when you spend at the mall next
time, you can also earn from the mall!
Life
is wonderful when we can have the best of both worlds!
No comments:
Post a Comment