12-06-2013, 11:29 PM
(12-06-2013, 11:03 PM)BlueKelah Wrote:(23-05-2013, 02:55 PM)NTL Wrote:(23-05-2013, 01:49 PM)cfa Wrote: Now we should know why the management unloaded their holdings. Drop 6% today.
They shouldn't have see it coming, do they?
NTL hope you managed to unload I have been saying REITs are overvalued all along
Wow now yield 8%++ as per today share price...
Tempted to buy some but STI is still not 10% correction yet I cant buy anything as per my asset allocation rules hehehe
No, I didn't unload. When it started falling, I sit up and think hard. On the reason I am holding REITs. The reason is for the yield. I will unload only if it does not give me the yield that I am looking for. As this fundamental still holds, so I still hold on. Whether this is the right decision or not, I will only know in the future. I am also waiting for further correction to utilise 50% of my spare money, keeping the rest for deep correction if any. Whether on REITs or Companies shares, it will depend on
how it turns out.
Most important thing is I have yet to lose sleep.