Asked 2w ago
Before selling your ComfortDelGro shares, ask yourself why you bought them in the first place. What was the investment objective or intention? If fundamentals have not changed, you shouldn’t be selling. If they did change for the worst, it would be a good call to sell to prevent further downside.
Again, whether buying into a REIT portfolio can be considered a good move would depend on your objective.
If I make a reasonable assumption that you’re going for the dividend yield, then you have to consider the longer-term growth prospects of the two before making any decision.
If I were you, I would lean towards selling C52 and buying Syfe REIT+, mainly because from a risk management point-of-view, I am able to sleep better knowing that I’m invested in many different REITs compared to just one stock.
I hope this helps you! (:
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.
Answered 6d ago
Hi there :) Perhaps I can share more about our REIT+ portfolio. REIT+ contains 20 blue-chip Singapore REITs and tracks the SGX iEdge S-REIT Leaders Index.
With REIT+, there is no minimum investment, no holding period, no brokerage charges and no withdrawal costs. This makes our portfolios more cost efficient for monthly DCAs. Purchasing S-REITs through your broker is expensive because of all the commisions you'll need to pay, more so if you DCA into REITs.
As such, you do not necessarily need to liquidate your existing stocks. As Choon Wang mentioned, if the reasons you bought ComfortDelgro have not changed, you may want to continue holding them. You can always start investing in REIT+ with a small amount and slowly build it up.
I hope this helps!