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Property Feeder lost 5% on purchase?

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Comments

  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    JohnRo wrote: »
    Could the same not be said for equities generally?

    Some, particularly "income" oriented ones, but certainly not all.

    I tend to look at premiums and discounts to "tilt" my rebalancing. Anything on large premiums is flagging it's overbought, large discounts suggests oversold. I don't go mad, but I do reduce things that are getting toppy, and take an extra helping of anything that's deep in the dumps.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • JohnRo
    JohnRo Posts: 2,887 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    I've taken a similar approach by "weighting" the target allocation as a function of the respective premium or discount.
    Problem is they're all income oriented, though I take some comfort from them not all being currently popular, if the performance is any indication of such.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
  • Linton
    Linton Posts: 18,530 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    JohnRo wrote: »
    ......

    I'm questioning whether IT property shares have any direct correlation with the general equity market as opposed to their underlying property assets, beyond the volatility. I may have misunderstood.



    ....

    Exactly - that is the question. Fortunately Trustnet charting can tell us. Look at direct UK property around the time of the crash. Direct Property IT F&C UK Real Estate dropped by 70% 2005-2009 matching the Direct Property IT average. Direct property UT L&G UK Property dropped by 20%.

    So I agree with Gadget that if you are after a potentially lucrative investment a Direct Property IT arguably could be a sensible choice, however if your aim is primarily diversification then a UT is far better.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Linton wrote: »
    Direct property UT L&G UK Property dropped by 20%.

    And how many limited this drop by preventing investors from getting to their money for multi-year periods?

    And regards diversification, that the close ended vehicles both under and overshoot works for me from a rebalancing POV, but perhaps my premium/discount based tilt helps here.

    Don't get me wrong, there are good property UTs and I've used them in the past. But when they announce that they aren't allowed any more sales for an undetermined period, it is rather chilling, and who'd send them more money under those circumstances?
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
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