TSX:REI.UN - Post by User
Comment by
Saphoon Jan 25, 2021 7:08pm
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Post# 32380495
RE:RE:Canadian investors are poor
RE:RE:Canadian investors are poorTommy123 wrote: canadian wrote: Vaccines working.
Cases are falling.
Zero or low interest rates for the foreseeable future.
Massive immigration.
Still not much movement in many REITs.
Canadian investors seem to be very poor. They seem to not have money to buy once in a lifetime opportunity. Good for me as I can add more every month at this low prices from my paycheck and dividends.
Honestly, it's not a great time for REITs. I can't imagine many companies renewing their office lease. And people do online shopping now, not in person at stores. RioCan is super overvalued IMO. There's certainly more downside than upside at this price.
I almost pulled the trigger on buying REI as I was trimming some positon, Ended up buying CSH.UN instead and more SIA. Something about Ed I guess???? lol