TSX:AX.PR.E - Post by User
Comment by
Frankie10on May 05, 2023 12:05am
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Post# 35432126
RE:RE:RE:Crown me King
RE:RE:RE:Crown me KingI use H&R as a lever for my leverage... I've been buying lows and selling highs for the past 2 years... buy a handful of REITs on the way down and I am usually left with only H&R (~2/3 of peak position) at the top of each cycle... H&R is my core equity position - always the last RE asset I realize profit on to reduce leverage... I've done it 4 times thus far (currently on fifth)... you know me - mr tansparency... snakey has seen it play out on the H&R board... it's always been a longterm macro trade for me via long deep discounted hard asset and short the currency (via debt/leverage)... Dream Office may very well outperform... but with respect to H&R - from my perspective - I am just buying back the 10k shares I recently sold between $12.5 and $13.2... happy to hold forever... will not sell once we return to ZIRP and money printer goes brr... (how I see it - bear rallies are short cycles in a larger macro cycle, currently QT)... my theory - with debt to gdp where it is.. money printer goes brr cycle is the most important cycle. So far so good.