QUOTE(alaskanbunny @ Jul 21 2014, 09:51 AM)
should u guys be afraid of reits in the coming year? the last scare saw reit px drop 15-40%... do u think the next int hike will see a similar trend? of cause the the last one was a scare, but the next one would be very real...
also anyone into business trust?
the most recent ib reports do not have much great news about sgreits, except for a few selected ones in office and healthcare.
it is always possible some will lose up to 30% in price at some point, happened before!
still, as long as us treasury yields aren't spiking up non-stop, risks aren't that high.
QUOTE(alaskanbunny @ Jul 21 2014, 11:32 AM)
lol.. i see... i was initially buying in for dividend... but end up making more $$$ trading it intra day or sometimes holding up to a month or 2... entered reits at its bottom sometime back in sept - nov 2013... made a lot from suntec n ascendas although yield was not that high.. then needed $$$ to pump into other stocks, commodity palm ones... so had to sell... after making $$$ from those commodity i went back into reits back in feb/mar.. also another bottom.. lol
have u guys tried business trust? not bad... extremely good yield
trading reits intraday is...?!!
but i can see the possibilities with the most liquid and relatively volatile ones - e.g suntec, capitalmall.
most people incl me buy for keeps; selling will mean liquidation for good, no going back to that counter.
but...good for u if you make more by trading.
business trusts... can u suggest a couple for me to look at? tq.
firstreit div ex'ed today. we'll see if it creeps back up to 1.24-1.25 soon enough...
This post has been edited by AVFAN: Jul 21 2014, 04:19 PM