$Lion-phillip S-Reit(CLR.SG)

Context

I was monitoring my existing S-REITs position and noticed that prices had fallen from my previous entry levels. Rather than viewing the decline purely as a negative, I saw it as an opportunity to lower my average cost and gradually build a larger position at a more attractive valuation.

My thinking was that the underlying investment thesis had not changed significantly, and I was still interested in the potential distribution income and longer-term recovery in the REIT sector. Since I was investing with a longer-term perspective, I preferred to use the price weakness as an opportunity to DCA instead of trying to time the exact bottom.

My trade

I added to my S-REITs position after the price dropped, mainly to DCA and reduce my average entry price. I did not want to deploy too much capital at once, so I added a manageable amount while keeping some capital available for future opportunities if prices continued to fall.

My main reason for adding was that the lower price made the investment more attractive to me compared with my previous entry point. I also remained interested in the potential distribution income and the possibility of capital appreciation if the S-REIT sector eventually recovered.

Takeaway

Next time, I would set clearer price levels and position sizes for each DCA entry beforehand so that I can add systematically rather than making the decision mainly because the price has fallen.