TSX:REI.UN - Post by User
Comment by
Saphoon Aug 28, 2020 8:43pm
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Post# 31474257
RE:RE:REITS STILL NOT MOVING
RE:RE:REITS STILL NOT MOVINGbonehead_deacon wrote: Fallout from the pandemic is still ongoing. Bankruptcies are rising amongst small and medium businesses. Some bigger companies that were already in decline for years are in trouble. Also possible 2nd wave. There's enough uncertainty that people feel there's better place to put their money and underweight on the REITs.
You're "paid to wait" here, so if you have the conviction that things will be back to pre-pandemic norms in a couple of years, just buy and hold. Stop watching this every day.
Collect the coupoun and gradual price appreciation. I do see 16+ by end of sept.