Shares & Derivatives
Journey To Retirement Part 2.4 — First REIT
By ccloh Strategic Investor Zone  •  November 21, 2018
The share price of First REIT plunged these 2 days.  In fact after its latest XD on 30th Oct 2018, price fell from $1.21 to today intra-day low of $0.92, a drop of almost 24%.  This was due to the concern of its main revenue contributor and sponsor Lippo Karawaci's credit rating being downgraded by Fitch by 2 notches.  Refer here for detail write up. First REIT is one of my biggest holding in my portfolio, 30.29% allocation.  Naturally, the plunge in share price should get my worry or wondering should I divest (total or partial).  However, First REIT is in an unique situation in my portfolio that actually don't do anything is the best choice. July 2017 I've achieved a mega milestone in First REIT (refer here), the investment has became MATHEMATICALLY IMPOSSIBLE TO LOSE MONEY.  This was because ...
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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