RioCan Real Estate Investment Trust T.REI.UN

RE:RE:RE:TIME TO DUMP THIS TURD AND BUY THE NASDAQ

[shawshank2]

born2trade wrote: This is why it is important to have a diversified portfolio.  I own this since March and it is by far the worst performing stock I own. However, I don't loose sleep over it because I also bought pipelines, utilities etc around that time. Those stocks are doing very well. I locked in over 14% yield on couple of pipelines and they have more than doubled since then . even utilties are up 35 to 40%. 

One may get lucky with concentrated portfolio once in a while but over long term, it is more likely to underperform. Now I am puting new money only in index funds.some folks are so hung up on REITs that they are blind to opportunities outside. may be time to reflect.  GLA.  

Buying in march april def took some balls. By all rights it could have gone the other way and tanked further. I am heavily weighted in reits many of which are only 20% off their highs of 52 weeks. The reality is if you were too chicken such as myself to buy when oil was at negative 35$ and it was clear the economy was in shambles/ height of covid then there is no risk/ reward in tech and other growth stocks that have recovered and far exceeded all time highs. Reits and financials are still very cheap imo if you are selective and cautious. I am still a believer that we will see another major crash and when it happens i will sleep better at night knowing that my investments have a stable cashflow that will continue to drip/ compound. As for q2 it problably wont be pretty but we are still almost 50% off from jan. I am selfishly hoping for better buying opp here.