- Mini-rally on SGX during past 2 trading sessions from 4th Oct 2022 to 5th Oct 2022
I am writing this blog piece as I saw an "expert investor" posted on a public forum that a few months ago, he had already told his friends not to invest in SREITs as he anticipated a crash coming due to the relentless interest rate hikes by the Feds but they did not listen to his brilliant advices and assessment. REITs did crash in market price last week and our "expert investor" thus began mocking his friends and other current investors still holding on to REITs for not heeding his excellent foresight. Well, I call this 马后炮 in Chinese or in literal English translation, this is known as the "notorious knew-it-all-along phenomenon". This also smacks of asserting that one can always time the market perfectly.