$CapLand Ascendas REIT (A17U.SG)$ friendly advice, hold cash...
$CapLand Ascendas REIT(A17U.SG$ friendly advice, hold cash instead. rising interest rates will kill reits. rising energy cost will kill as well. tenants gets stuck due to falling consumer demand. recession is coming. Patience is key. good luck
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
102911863 : but bank interest rate so low
where to place the cash to earn some slightly better return
102684281 : don't put all in.. if price goes further down.. use spare cash to buy...
StanChartsOP : Buy the dip during a bull market. this is not a bull market. Wait for this bear market to end first until the start of a new bull market. that is when you buy the dip at every pullbacks on a long term uptrend.