TSX:REI.UN - Post by User
Comment by
Stockguru2017on Aug 31, 2020 3:06pm
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Post# 31480497
RE:RE:RE:RE:Added another 20k shares
RE:RE:RE:RE:Added another 20k sharesRusticHit wrote: Putting all ur eggs in one basket and watching whole day that Basket is Good <><><><>thats hella big Money in one stock I did that mistakes and still suffering ,,,
It's not all my eggs. RioCan is my largest holding in my portfolio, but I'm still very well diversified. The best time to buy REITs are after a crash. The last time I bought RioCan was after the 2008 crash and it eventually recovered just like the rest of the market. Real estate always recovers.
It can go lower in the short-term, but I'm not concerned about that one bit because I'm holding for the long-term. I sleep very well at night, and very happy with the hefty 9%+ monthly distribution.