REITs ... BONDs - Safe or Risky Instruments??? What were you told!!!!!

Back in the 1990s, I learnt that BONDS are NOT safe. When some Sales agent from unit trusts or mutual funds try to sell you some products or instruments, you will be told all the rosy pictures and leave you to imagine the garden of roses. Well in the garden of roses these agents FAIL to warn you there are THORNS in the garden.

Later came other instruments and a common product is the REITs. Again you will be promised Heavens. The REIT promoters and ANUSlyst will tell you the returns ... blah blah blah. Well to be honest, if there are any RISK FREE products, there won't be made available to you. The bankers would have bought them all.

The chart above is a few of the listed REITs in SGX. I don't need to explain anything.

When the market crashes, tell me what is SAFE???? CASH.

Old Dog says:

Know when to charge and when to retreat raising cash. Yes, there is a time to stay cash and a time to remain deployed.

Have a great week ahead