Thursday, May 26, 2016

REIT Symposium 2016

I just found out that the REIT symposium is being held next Saturday. Entrance fee is $10 per pax.

I went last year for the 2015 REIT Symposium. It was all right. Aircon too cold, booths not enough cute girls and some speakers were dead boring. It was interesting though, but it was not $10-interesting.

One of the things I cautioned after attending the symposium was about how the majority of the crowd took away that REITs are basically 6% fixed deposits, WHICH IS WRONG. And lo and behold, right after the symposium, REITs on a whole did really shitty and slumped almost 15%.

Phillip REIT Fund as a proxy

It was like one big travel fair where the reps from each REIT tried to sell you their company for you to buy on Monday's trading day.

Some speakers were good, but meh I wouldn't pay $10 to attend this year. $5 or $6 is probably my limit.

The REIT symposium is really for people who sort of know a bit about investing and REITs and want to find out more about particular companies and are too lazy to read and analyze the financial data themselves. In that case, by all means, spend $10 and attend the thing. The line up seems good with Sonny Tan, Wilson Ang and David Kuo speaking. Good riddance Eric Khaw isn't in the line up to hypnotize the entire audience again.

If you were my friend, I wouldn't advise you to go for the REIT symposium. Instead, check out this mega comprehensive REITs guide that was pieced together by Giraffe Value. It's colourful, practical, well-explained and best of all, it's free.

1 comment:

  1. The given news are very informative it can help you to do effective trading in order to achieve bigger profit.

    ReplyDelete

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