$CapLand India T(CY6U.SG)

Context: REIT prices remain subdued after the Fed hike, which makes some valuations increasingly interesting. But low prices alone aren’t enough when another rate hike remains possible.

My trade: Continuing to monitor CLINT while queueing at levels where the yield and valuation become more attractive, rather than chasing a rebound.

Takeaway: Buying cheap is good; keeping enough ammunition to buy cheaper can be even better.