REITs expectation grew through the month as all expected Fed to cut rates in Oct. Portfolio peaked at 83k before correcting downwards. Some less than extraordinary earnings report plus Fed's curved ball saying "No data for December's rate decision" veered investors away from REITs, prompting major selloffs. That made my portfolio lose earlier gains (just less than a few days ago!)
So such was true that "Sell on news", But then again, no one knows how the news is going to turn out, so it's still anyone's guess whether should hold or sell. Risk-averse investors should just cash out gains once hit target.
Nevertheless, I manage to maintain my 80k. Trading got not so lucky even thought I realised a bit of profit. Unrealised losses surged thanks to my foolish call on Top Glove.
Anyway, November should be a less active month as I continue to monitor the REITs movement. Not sure if there is any optimism lingering around to stir up bull run. If not, I should just close my case and let my portfolio run till end of year.
Update #47:
