when u invest, ensure a margin of safety. businesses with an economic moat can have a higher margin of safety
for reits: lower price to book, lower debt ratio, tenant diversification, geographical diversification, increasing dpu (or at least stable dpu), high occupancy rates, and a imba sponsor (in local context)
for blue chips: low debt ratio, geographical diversification, reasonable payout ratio (they dont borrow to pay dividends), revenue/profits not decreasing (at least stable), some defensive elements (telcos, utilities, transport)
when u receive the dividends, u can choose to plough it back in. otherwise, it can supplement your daily expenses or cheonging
must do your homework before u decide to invest, do your own due diligence DYODD