facebookWill it be a good move, if I would sell my 2.1k Comfortdelgro stock and buy in REIT+ portfolio in Syfe? - Seedly

Anonymous

22 Oct 2020

Robo-Advisors

Will it be a good move, if I would sell my 2.1k Comfortdelgro stock and buy in REIT+ portfolio in Syfe?

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Hey there!

As mentioned by others, before you decide to sell your Comfortdelgro stocks, ask yourself if the companies fundamental has changed. The reasons for the drop in share price in recent years can be attributed to COVID-19 and disruptions to its Taxi business. Ask yourself this. Is COVID-19 temporary or here to stay? What is the impact of Comfortdelgro revenue with their disrupted taxi business (accounts for roughly 20% of its revenue)

If you believe Comfortdelgro business has changed for the worst then you should consider selling it.

Next up, ask yourself why you want to get into the REITs market. Are you looking for a regular stable dividend which the REITs could potentially provide? Do you believe in REITs holding up to their property value or even appreciates over time?

IMO if you believe Comfortdelgro business fundamental has not changed, I would keep it while adding small positions in Syfe REITs. If you are interested to learn more about Syfe REITs, you can look here.

Ultimately ask yourself why you bought Comfortdelgro in the first place and why you are choosing to invest through a roboinvestor instead.

The fundamental differences are vast and are key to help you make that decision. Are you switching to a more managed passive approach? If yes, that could be a step towards it.

Is comfortdelgro a company you no longer believe in? Knowing what you know today, will you invest in ComfortDelGro now? If it's no then I think you will be answering many questions for yourself.

Syfe

22 Oct 2020

Hi there :) Perhaps I can share more about our REIT+ portfolio. REIT+ contains 20 blue-chip Singapor...

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