Shares & Derivatives
A Global Meltdown and a REITgrettable mistake?
By Mr. IPO  •  June 24, 2013
The recent addition of 5 REITs actually added a lot more volatility to my SRS portfolio.

As of end today, the entire SRS portfolio is only up 5.6% and all the losses are ALL "contributed" by the recent REITS that i added! :(

Have i been too impatient in adding the REITs and was it a bad mistake? A lot of the REITs looked "downright" ugly... and it will be a while before they recover.

The portfolio as of today looks like this:



We shall see if a meltdown is on the cards. I will probably implement a strict "cut off point" should a global meltdown happens to preserve my capital.

For those who want to purchase a property, you will need to see a global meltdown in equity prices before it filters down to property prices. 

To complete the picture to those who have been following my ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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