REIT performance 🏢
Last time i was so confident with SG REITS because of their FA and Div Yield were good, the fact many REITS couldn't withstand the downturn during covid, their stocks prices continue to downtrend, many until now still could not recover, maybe simply low demand for the rental properties while interest rate is high, like got the slap left and right 😭 one of got suspended .
There is some REITS still survive like$CapLand Ascendas REIT(A17U.SI)$ $AIMS APAC Reit(O5RU.SI)$ the price ranges still similar one year ago, but i have sold these to take profit previously. If drop to low level again, should i buy back ?
How about the rest ? Either i cut loss or stay tune, keep holding what i have now ? there is one stock that i like but the price also continues to drop $Sasseur Reit(CRPU.SI)$ I am thinking to add (average down) if it drop to $0.60 after deduct dividend the loss is small at the moment but if it drop to 0.60 the loss become significant 😰 and I remember one tiger friend said some time the best is to do nothing ...
just like i buy back $Geo Energy Res(RE4.SI)$ It drop further now 😰
There is room to improve my decision, by reviewing my portfolio periodically, although the best to learn new skills too.
My goal to be able to travel from my passive income, hope i will get there one day 😅
For new comer be careful with REITS, the history may show high dividend but that was last time not now. The Div yield show high because after div the stock price drop until so jialak !!!
Dont put all in one basket 🧺
Waiting$Tesla Motors(TSLA)$ to add a bit at $200 level. Now it is good to have fractions i can sell whenever price up 10% because the cost to buy 1% and sell 1% so i will still get 8% profit if spot the correct entry price. Not invesment advice pls DYODD.
Wish you the best 👍👍👍
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Like wat is mentioned, important is look for strong reits. Me, too kana burnt by First reit, bought B4 covid, and Manulife reit, bought during covid. For Manulife, my thesis was totally wrong, I tot during covid, it's alrdy in distress and at gd price. It crashed
Every trader or investor needs to pay some school fees to be better in stocks market.
2024 will be a very tough year for trading. If you can park the money and also sleep well in the night, then just do it! Nike’s slogan. Otherwise, please HODL your hard earned cash.
If you have read my post, i told a Tiger friend that i was burned badly by JPM China UT 😂😂 more than 50% loss. USD 5 figure.🫥🙄
Lesson1 for ownself:- Don't buy because everyone is buying.