QUOTE(knight @ Aug 3 2019, 01:46 PM)
Sometime I did something similar. I sold when the price suddenly goes up probably due to window dressing (they say, correct if Im wrong). Then I buy back later when it goes down. In the matter of fact, Im earning. But the port folio will psychologically make me less motivated.
Before sale, the earning shows 15%? Then after sell and buy back then it goes back zero.
Anyone did the same?
Im just curious, how much you people put in REITs? Do you think it's wise to put amount like 50K?
Don't track based on average price shown on ur brokerage account. Usually that will not show the right picture.
Build ur own spreadsheet of your holdings, track buy n sell n portfolio market value. Include cash dividends received. Dividends are roughly about 50% of a Reit total return. Update regularly. Thats how u track progress. N u need to track coz the idea of investing is grow wealth over time, not a few wins here n there. If ur wealth is not growing, then why bother?
50k for a single counter? .That's normal for me but difficult for anyone to say if it's right for u. Investment is very personalized. It will depend on your financial situation, risk tolerance levels n where u are at in your investment journey.
U just have to make sure tht u don't buy too little that it's just a waste of time n high transaction costs n at same time not too much for your situation that if there is a big crash, you don't feel like killing yourself.
This post has been edited by Cubalagi: Aug 3 2019, 10:49 PM