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 ...