i bought iyr in feb. of this year for $94.42. it has been down to about 10%. these past couple of days..it has been up. should i wait some for it to go up before i dump it?
i heard the housing market will be down for the next few years. so i dont want to put money in this etf if the housing market will be doing not very well. maybe i will get into it after a couple of year when i sell this etf this week? someone please let me know..thx.
2007-05-30 09:10:35 · 6 answers · asked by seafood10 3 in Business & Finance ➔ Investing
Cool. You bought a stock without an exit strategy. Big mistake. Worse..... you're asking strangers for investment advice. You can't verify their qualifications or their motives.
Next big mistake... not understanding what you bought. Many ETF's have mostly "commercial property's" in their portfolio, which are not effected by "housing". You need to understand what you're investing in.
next.... how does this fit into your "asset allocation"? I keep 8-10% of my investable assets in reits or ETF's holding reits. Wouldn't it be smart to just maintain whatever allocation you had in mind when you first invested in this?
How would you (or anyone else) know when the "turn" in the market takes place? Professionals get this wrong all the time (another proof that "asset allocation" is the smart way to go.
Bottom line; learn investing.... if you don't.... you're going to destroy your financial future.
Consider yourself warned.
2007-05-30 11:37:55 · answer #1 · answered by Common Sense 7 · 0⤊ 1⤋
if its a pure US etf reit then yes (which it is) if its a Global then no. Rule #3 protect your losses with stop losses (anywhere from 5-8% some will do 10% but that a tad much) your main problem is that you bought in feb where ALL of the danger signs were there (plus if you look back at some of my topics on reits you would of seen me stay away from them). I am not a fan of reits to begin with and there are better opportunities out there. Plus look what the feds said in their released notes today about the housing sector. This is in no way shape or form over.
Put a stop loss in it now. This sector is in serious trouble and for good reason. There are better opportunities out there than this.
2007-05-30 09:32:03 · answer #2 · answered by Anonymous · 0⤊ 1⤋
Don't jump ship yet. If the ETF is primarily in housing it probably won't do much for a while. However, most real estate funds are primarily invested in commercial real estate, which is still going strong. People tend to lump all real estate sectors into one. Don't make that mistake. You could miss out on a good opportunity.
2007-05-30 09:42:13 · answer #3 · answered by Travis L 2 · 0⤊ 1⤋
Too late, now would be a good time to think about buying in to an etf
2007-05-30 23:21:59 · answer #4 · answered by jmsimoneaux 1 · 0⤊ 0⤋
As you haven't an excessive amount of to save lots of, a well opening factor is put money into mutual price range via a PAC. Where you'll be able to possess a basket of firms and diversify your investments and will get at discounted costs whilst the unit costs are cut down.
2016-09-05 16:56:15 · answer #5 · answered by kelchner 4 · 0⤊ 0⤋
If you cannot afford a 10% loss then you should not invest in the Real Estate Markets.
2007-05-30 11:29:02 · answer #6 · answered by Anonymous · 0⤊ 1⤋