Tuesday, July 11, 2017

Divesting Shares

With so many "experts" predicting the Economic Collapse, I am trying to divest my shares.  Unfortunately, many of my shares are in loss position but no choice because if the stock market tanks, it will be much worse.  So I am slowly getting out although some shares like Sembmarine will be difficult as there is news of merger and therefore a potential for price increase.

I had some REITs that are below cost but I am not sure if it is a loss as I do received regular payout.  So maybe it is just breakeven or possibly small gains or loss.   Many times experts are wrong.  However, I do believe the event will happen except timing maybe off.  It is better to be safe than sorry.

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