Ai ya! When I was thinking of the interest rates rise, I predicted that the market will fall. Therefore, I sold half of my holdings specially AIMSAMP and Viva Industrial Trust. Now I see that both have risen by a lot and I earned $2,500 less.
With Viva Industrial Trust presenting a stellar results, giving more than 9% yield (which was my prediction), I regret my decision to sell at such an early date. There was one reader who mention that he does not sell and does dollar cost averaging. Well, I ride though some of the worst scenarios and this one is probably not going to be the worst. Another reader mention that it is already priced in and I think he is right.
Well, it is a $2,500 lesson learnt for me. Expensive, and painful. And I am still sitting on $60,000 cash waiting to see which one to buy. I am just glad that I did not sell my anchor investment aka GlobalInv thus I still manage to enjoy a $4,000 appreciation.
I just sold mine after capital gains worth 2 yr dividends. Dun worry after every up, will comedown.
ReplyDeletei did the same here sold off my Mapletree Greater China and Fraserscenterpoint Trust and both shares rise and rise. Loss of 1K excluding the dividend i should collect in May (0.03 cents for each share)
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