Sold half my positions Frasers Centerpoint Trust, Frasers Logistics and Commercial Trust, Ascendas India Trust, Leandlease REIT and Fibra Macquarie.
Rising rates make it too risky to hold 30% of my portfolio in REITS, and these had all their fixed-rates expiring in the next 5 years.
Sold now because I think October is either gonna be a bear market rally or a crash. Leaning towards the latter.
Need to relook at my plan to get a modest income from dividends. Probably buy banks in the upcoming recession.
Current holdings:
3 comments:
buy high sell low, kum gong to the max
Must be nv go through the 2017 hike and 2020 crash
"Sold now because I think October is either gonna be a bear market rally or a crash."
Was this sentence even worth the effort to write it?
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