Previously I've posted How Much would You've Gained if You had Invested All Singapore REITs since Their IPOs, which compute the returns for all REITs since their IPOs. The overall return is positive for the protagonist-Ah Nuah after 19+ years of REIT investing journey. Today, I would like to view it from another angle, what happened if you bought at all-time high and hold until now?
Image by Gerd Altmann from Pixabay
This time, let's follow the story of another REIT investor named Gao Suay. His attitude towards investing is totally the same as Ah Nuah from the previous IPO post. Gao Suay invested S$ 5,000 to each and every REIT and BizTrust (which operates similarly to REITs) without doing any research on them. He doesn't follow any news after purchase, never participated in any preferential offer or rights issue, never sold his nil-paid rights for profit nor consideration units after any mergers....
