Readers who have been following my blog knew that I have been buying during the Covid-19 "crisis".
March - I bought 50,000 Lendlease REIT at $0.52, 30,000 of Suntec at $1.45 and 50,000 Starhill at $0.50 and followed up with another 50,000 of Starhill at $0.39.
...April - I bought 30,000 CapitaCommercial Trust at $1.51 and my shares in Frasers Commercial Trust was swapped into Frasers Industrial and Commercial Trust. I missed out on Mapletree Commercial Trust as well as AIMPS Industrial REIT.
In my May performance update here, my portfolio value was at $299k and my portfolio since inception was ROI of 1.51x and IRR of 6.4%.
This week, I decided to sell out all my SRS positions to lock in the returns. What made me do that?
- US markets have fully recovered to its pre-Covid status