TSX:TNT.UN - Post by User
Comment by
CanSiamCypon Apr 09, 2021 12:07pm
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Post# 32966917
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Solid results. Will add more.
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Solid results. Will add more.Hi Truth:
Wow! 90% is a really high proportion of one's eggs to put in one basket. I understand your aversion to market volatility. However, when I entered into investing with Skyline, I set a maximum of 20% (spread across the 3 REITs and the Clean Energy Fund). I am pleased (actually more than pleased) with their results to date, but I cannot bring myself to go higher than 20% cuz of the importance of diversification. I always recall how Lord Dingle Nuts of Downton Abbey put all of his wife's considerable inheritance into an unnamed Canadian railway - which then went belly up - plunging the family into financial crisis. Not saying that Skyline will ever go that route, but my natural conservatism constrains me in this respect! Cheers! CSC
truthseeker1 wrote: yah thats why 90% of my money is in a Private reit just put in 3million more in skyline I cant handle the markets this late in life
pandsca wrote: Dragged down with the sector.