Are there still attractive REITs to buy in December 2022? The Straits Times Index (STI) is usually a good gauge for market sentiments. As you can see from the chart below, the Singapore stock market plunged from September to October and started its recovery from November 2022 onwards.
September and October are months whereby there are good opportunities for stock investors to scoop up some quality REITs because when their prices are down, the current dividend yield goes up. I hope you have added some to your stock portfolio just like I did.
Just a few days ago, the Fed has shared that they will slow down the increase of their interest rate hike as the annual inflation rate in the United States had slowed down for a 4th month to 7.7% in October. The stock market reacted positively to such news.
Are there still good bargains to scoop up?...