TSX:REI.UN - Post by User
Comment by
thatsmynameon Sep 21, 2020 1:49pm
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Post# 31591878
RE:RE:RE:RE:And up we go
RE:RE:RE:RE:And up we gomilliontrader wrote: im not seeing that , tsx rose so much more since march while reits been flat and in the past 3 weeks, reits drops slighly more than the index
no matter how i look at it, it doesnt make sense, rent is the safest form of payment and with interest low staying at zero for few years these reits should be up, not down
i mean do people going to cut rent before buying a f king burritno or pizza? they arent even paying any dividend.
wtf is going on, seems like rela estate ( stock market )is always the worse performing asset no matter what makes the market crash
9/11 ? sell real esate and never buying it back last
covid? sell real estate and buy it back last
dot com bubble? sell real estate buying back last
my dog died? sell real estate and buy it back last
faang stocks make up 15-20% of the S&P500/NASDAQ weighted index. it distorts the graph that the market has gone higher than it actually has if all companies were weighed equally. many stocks are struggling, just a few are doing very well.
What i see is the market predicting a new fear of selling than based on actual news. No indication of economy closing. I go outside and see parking lots full. People not paranoid in stores. It's back to normal but with masks.