Div reinvest or pay to your bank??!
Hi! Dont feel disappted, it is normal as this is sg mkt& reits/iedge ldr has been dropping lately hence u saw negative returns.... i pumped in more instead of allowing myself feel despondent!! Btw i started this reit around xmas season which is not too far fr your 3 wks ago and reits in sg mkts has revert to one of its former heights before xmas
U can ref to this to estimate the movement of reit:
https://www.sgx.com/indices/products/sreitlsp
U r not speculating or trdg/ or betting even, this is for mid-long term investmt!
I'm a newbie in investment, recently took the leap and invested in Syfe Reit+ (100%) but I'm seeing negative in my portfolio return. I guess it's early days as i only started about 3 weeks ago. I put in a lump sum. I wonder if this downtrend in my portfolio is normal since i'm reading elsewhere of many people reporting gains of 4-6% for this same portfolio.
Kurt, my strategy is to opt for div payout when it is at the “heights” or alrdy at its end of upmkt trend eg now..... cos costly to use those divs paid to buy so many “expensive” stks/reits
But if one feel that now the sg mkt is at its lows or still slowly climbing up, then of cos opt for reinvestmt cos the divs can easily buy u more at “relatively cheaper”price ! U can change your option any time the situation warrants
And i strongly believe in
Nothing comes free!(even w watever rebates refunded)
although a robo, still when the co., buy u new shares , they r paying /deducting commissns/etc transactional fees too..... when price is cheap of cos it is fine, when the mkt is overly too highly-priced then every purchase of using the divs rec’d is not gonna make it more worthwhile... when opted for div pay to u, u get back the exact div paid
Actually I'm kinda struggling to decide between dividend reinvestment or dividend payout. The payouts just kinda feel as though they're returning my own money (deposit amount) to me lol...coz the payout amount is deducted from the amount deposited. Should I just opt for reinvestment instead?