anticipate Vs reactive
Powell was expected to speak about the inflation situation at Jackson Hole due to the long-awaited rate cuts and since recent data had been pointing towards a rate cut. (like what else is stopping the fed?!)
so cos of this, in lieu of how reits react to rate cuts, took a position in them before Jackson Hole, where price action may be irreversible.
this is a reit I intend to hold in my portfolio for the long-term unless its fundamentals are not as I thought or biz direction changes for the reit. otherwise, I'm pretty pleased with its holdings locations! a retail reit with most of its malls all located at train stations (mrts). I believe the prime spot will boost footfall to the tenants, ensuring a good tenant take-up rate/renewal.
how many of us usually walk into malls/shops at the MRTs whether for relaxation after work or just to find a quick snack/home essential/bbtea/drink?!
hence my view on this reit. but let's poll so it's not just my view but on actual data!
this price increase shows the rise since my entry two days before Jackson hole to present day. my only regret here is not getting jyeu before the rise as my buy tp was 0.1 cent lower haha.
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mr_cashcow : Weather getting too hot best is all connected with underground air-conditioning
The cooling fan from Macquarie battery only last about 2~3hours
toomanyscammers OP mr_cashcow : haha I didn't take the fannnnnnnnnn. only left with their digital vouchers lol
mr_cashcow toomanyscammers OP : Use the voucher to buy a neck fan
toomanyscammers OP mr_cashcow : the fund coupon gone back into funds not really a fan of portable fans.. I need to maintain my decluttered store room
mr_cashcow toomanyscammers OP : A store room is for storing stuff mah not empty room
toomanyscammers OP mr_cashcow : noooooooooooooooo this is how the store room becomes over stored haha. extreme measures for extreme times lol . I need to take the extreme approach for myself lol
mr_cashcow toomanyscammers OP : U need to embrace messiness and chaos
I Am 102927471 :
toomanyscammers OP : hi pple, pls help me react to this post too if the poll was useful for U hahahs. vote 18 sample size nice but I short of 3 likes for the aug challenge I'm sorry! and thank yous! 🫰
JJ_7201 toomanyscammers OP : Wah u only posted 4 leh.. Aug challenge calls for 10 post ??
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