GREY:DUNDF - Post by User
Post by
electricsocketson Sep 21, 2016 12:46pm
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Post# 25261206
Cash versus Invested
Cash versus InvestedI love this company - but given the current global economic climate.....
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In the EU, the current situation with Italian Banks attempting to off load / package & sell off their bad/under-preforming debt to allow for their very survival, and with Deutsche Bank's huge derivative losses. Mario Draghi of the ECB has no effective tools left, negative rates are killing all the EU banks....
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DRG share price histortically never does that well in the Q3 period if you look at the charts, normallly this would not waiver my resolve in this fantastic REIT however current economic headwinds outside of DRG cannot be ignored IMPO.
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Preserving my investment dollars is worth avoiding these rough waters heading into Q3. I could be wrong and hope I am - but at least until after the US election I will sleep at night knowing I'm all cash.
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Too many issues with too many big fish on Wall Street and notable Economists ringing the end-of-times bell, see today's:
https://www.bloomberg.com/news/articles/2016-09-21/tiger-cub-citrone-sees-market-in-biggest-correction-since-2008
just my thoughts. I do suppose one could leave a portion invested in the markets and hedge a third or so with an inverse bear ETF like HSD on the tmx....I just prefer to wait it out for now. GLTL's.