I made a full divestment of Ireit Global today at a share price of 75.5 cents, which yields me a profits of over 21% over a period of about 1.5 years.
I talked about how I wanted to do a strict review on my post yesterday in a bid to increase my cash position so I have to pick what I think has the least reward with the most risk one way or another. It wasn't an easy decision but it has to be done.
I'll just quickly list down what was going through my mind when I picked Ireit Global as one of the companies to divest:
1.) I wanted to raise the percentage of my cash holdings after having only less than 8% in the portfolio.
2.) The recent decision to go 90% payout means the dividend yield would probably drop to less than ...