Last week, I made mistakes in my investments. Because of the drop in prices, my fear conquered me so I actually tried to sell my investments to protect my profits. In the end, I sold 14,000 shares of AIMSAMP REIT at $1.095. Later I checked my investment analysis excel sheet and realize that I made a mistake. It is actually a good price to buy AIMSAMP REIT instead. This is my first mistake.
I also tried to sell off LMIR but managed to sell only 3,000 shares. This has incurred cost of commission which is quite large in terms of percentage. This is my second mistake.
I have managed to repurchase 25,000 shares of AIMSAMP REIT at $1.125. Overall, I incur some losses in terms of commission and capital appreciation.
I have learnt that I need to stick to my investment plan and be more confident of myself. Unless there is a clear evidence of the global economy slowdown which will depress price, I should hold on to what I have.
well, in my opinion, since you focus in dividend, actually you can kind of ignore the share price, unless you want to top up...
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