TSX:REI.UN - Post by User
Comment by
born2tradeon Sep 30, 2020 10:07am
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Post# 31641045
RE:RE:RE:RE:RE:RE:no love for reits
RE:RE:RE:RE:RE:RE:no love for reits can't agree more.. diversification is the key to mitigate the risk. looks like you also some of the winners such as POW and CPX. did you initiate those positions during March lows? I bought POW , REI and few others during March/April and POW is up 40% but REI down 5% . smart money is staying away from Retail for now so recovery likely won't happen until vaccine is out and covid is gone .
gashole wrote: BP said they believe peak oil is NOW...... the problem I have with mall reits is I usually only own what I do... In other words, I use hydro, so I own hydro, I burn gas in my house so I own pipelines, and 1 producer (ARC)... I am buying household improvments so I own home depot and Lowes... I havent been to a shopping mall for 7 months.... so I am struggling with holding my REI and SRU shares... I dont have a lot, but thats how I look at things.. But yes owning more than just REITS is probably a good idea lol !!