iShares Global REIT ETF Sold

By on January 20, 2021

REETInvestor euphoria/greed has been elevated with the extension of the current historic rally in stocks. The TTS Fear Index is at a low ebb with a reading of 2.3 on a scale of 1-10. Therefore, I’ve decided to raise some cash in the SMA Portfolio.

The iShares Global REIT ETF (REET) was sold today at $24.00 a share. This has raised the cash allocation in the portfolio to approximately 5%.

Disclaimer: It is very challenging to outperform a buy and hold strategy. Historically, investors have found themselves well-served over the long-term by investing regularly in a diversified portfolio of stocks or low cost, broadly diversified indexed stock funds. Profitable trades are not guaranteed. No system or methodology ensures stock market profits. All investors are advised to conduct their own independent research into individual stocks, closed-end funds, mutual funds, and exchange traded funds or any other investment vehicle before making a purchase decision. In addition, investors are advised that past performance has demonstrated no relation to future performance. Although accuracy is strived for, no guarantee is made regarding the accuracy of data presented.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>