11 May '13, 7am

Resale prices of private homes down 0.4% in April: SRX - Page 2

Agreed. My year end extra funds from 2012 used to buy First REIT @ 1.06. Now 1.425. I know some forum members condemn REITs but one cannot take a blinkered attitude. Just because you lost $ on certain investments in the past, doesn't mean that you can't go in again as the investment climate is changing all the time. You can't win on investments all the time. If you are expecting to always make money, sorry this is not realistic. You have to take a longer term view. I bought Parkway Life REIT at IPO when they were not popular and I was given an extra allocation because there were not enough takers. IPO price ? around 1.3+ now ? 2.7+. That's not counting the yummy dividends received all these years.

Full article: http://forums.condosingapore.com/showthread.php?p=396613#...

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