Post by
garyreins on Nov 14, 2024 7:41pm
DEAD MONEY
Sure you can say your in reits... collecting dividends, dripping, bringing down your ACB. FUNNY thing is I've been doing this for 3 years, trading a bit, selling tops buying back in, adding more on leverage especially in June.
I'm still net down double digits past 3 years.
And would be -50% relative to equities or opportunity cost
Having trouble seeing the benefit of this toxic asset class. Cashing out at next bounce seems very smart
Comment by
Frankie10 on Nov 14, 2024 7:45pm
I think your issue is you only hold REITs... nobody is holding a gun to ur head and forcing you to be a reit guru bud... it's never too late to diversify into Bitcoin... I would recommend reading a handful of books first... but yeah... never too late. And you should watch Fall Guy.
Comment by
garyreins on Nov 14, 2024 7:50pm
I'LL BE GIC GURU WHEN XRE IS BACK AROUND $18. TAKING MY MONEY AND RUNNING.. ONLY A FEW MORE MONTHS TILL THEY TELL US INFLATION IS GOING BACK TO. MOTHER F