TSX:AX.PR.E - Post by User
Post by
SNAKEYBOYon Sep 23, 2023 5:29pm
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Post# 35650869
Why I think manji wants his money OUT
Why I think manji wants his money OUTfor the past 14 years high rates was not even in the headline. In fact it was more so if rates will go lower, recession, more QE. Rates were super comfortable being low with 10 year around 3% or lower.
Great time to be real estate guy and own reits.
Now things have been flipped and no one can predict "for how long" and even possibly higher. Keeping huge capital in an investment for 3 to 5 years hoping to break even is not how savvy investors make money. They react instantly and try to grow their return. Let alone downside risk and maybe never fully recouping.
Not like the feds are going to cue a timeline and the goalposts keep shifting