Regulars will know I am a great fan of Malls and do not believe we will have "Amazon Experience" in metropolitan Singapore. I started investing CMT and FCT only in 2014. Strong malls like CMT and FCT have relatively lower yields. Six years have passed since GFC before I realised sector in the market that I have greatly misunderstood. Yes, I am a slow learner. However, is better be late than never. Total profit is Strong Five Digits returns today.
Why the article today ? Well, CMT has a large spike of 11 cent today hitting $2.57. FCT has a good day too. This quickly bring CMT yield to-date to roughly 4.5%. If one could remember when I blogged about Yield Anchoring this could be what I am expecting of ever lower yield. Will the price go higher to the unknown since is at all time high or it will crash soon?...