TSX:AX.PR.E - Post by User
Comment by
Frankie10on Sep 28, 2023 11:56am
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Post# 35659507
RE:RE:Bought more
RE:RE:Bought moreI respect the ability to weigh both sides and simply refrain due to risk management. For me, my underlying long-term thesis is unchanged - buy equities and hard assets as the currencies debase). With my personal cashflow, I could either repay debt and unwind leverage, or increase my ownership in my core assets (equities and bitcoin are relatively expensive; while real estate is at historic price dislocation between private valuations (NAV) and public valuations (price). Implied cap rate here is securely in the 9's and the portfolio continues to preform very well fundamentally. We all move our chip in eventually. All the best DZ.