TSX:REI.UN - Post by User
Comment by
born2tradeon Jul 21, 2020 5:38pm
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Post# 31298764
RE:RE:TIME TO DUMP THIS TURD AND BUY THE NASDAQ
RE:RE:TIME TO DUMP THIS TURD AND BUY THE NASDAQThis 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.