REITs counters are battered again in December after the news of the rate hike.
I have taken the opportunity to load more REITs into my portfolio. I have added FCT, FCOT, ParkwayLife Reit, MCT and SPH Reit. Looking to add A Reit and CCT too, if they could come down lower for me. Spoilt for choice as many REIT counters are looking real juicy.
I do not know whether this is a good time for REITs, but I am revamping my portfolio to increase the REIT counters weightage. Hope the move will let me harvest more dividend fruits in the future.
To prevent myself getting into a REIT quagmire, I am holding some reserves in the event of further REIT decline in 2017.
Was just thinking of the same! Spoilt for choice indeed
ReplyDeleteHi Ellaa,
DeleteTake small bites.
Cheers.
arent you worried about the 3 x interest rates increase?
ReplyDeleteHi JJ,
DeleteMay have chance to load more after next interest hike.
Cheers.