Asked on 05 Nov 2018
My objective for this REIT is to hold it long-term and i still believe in this REIT. Should i be worrying at this downtrend?
Personally I'm in the same boat as you, buying into a couple of reits / trusts at their peaks and now watching them sink in the red. Hoping that eventually they'll rise back up somewhat and I can redeploy them elsewhere. That being said, if you decide to hold on based on your long term view of the counter, do ensure that you have the holding power and you don't need to drawdown on this portfolio for near future expenses. But if the management is making a mess of the reit, exit and redeploy elsewhere. Hope this helps
Jeff Yeo, amateur Social contributor at School of social sharing
Answered on 05 Nov 2018
depends a few factors
Do you have holding power to hang on the the reit long term ?
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