Last night, I made a decision to sell a large chunk of my investment in LMIR. Today, my overnight sell order was filled. By selling at 52.5c, I am giving up a distribution yield of approximately 5.7% and my passive income from S-REITs in 2013 is likely to take a hit as a result. Simplistically and I do mean exactly this, if I am unable to make a return higher than 5.7% in 2013 on the funds released, I would have been better off leaving the money invested in LMIR, everything else remaining equal. Of course, I will only know by end of the year. As I went through my records to cancel out the units which were sold, I found out that the majority were purchased in late 2008 through 2009. I made fewer purchases in 2010 and 2011. Of course, the total number of units doubled during the rights issue ......