$Lion-phillip S-Reit(CLR.SG)Context:I was monitoring S-REITs and noticed that prices had been dropping, which made me co…

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

Context:

I was monitoring S-REITs and noticed that prices had been dropping, which made me consider adding to my existing position through dollar-cost averaging (DCA). I viewed the price decline as a potential opportunity to accumulate more units at a lower average cost, rather than focusing too much on short-term market movements. Since I was investing with a longer-term perspective, I believed that buying gradually during periods of weakness could help me build my position over time while potentially benefiting from future distribution income and capital appreciation. However, I was also aware that prices could continue to fall due to interest-rate concerns, financing costs or weaker market sentiment.

My trade:

Yesterday, I bought more S-REITs to average down my entry price after noticing the recent decline in prices. Instead of investing a large amount at once, I decided to add to my position gradually as part of my DCA strategy. My intention was to take advantage of the lower prices while maintaining my long-term investment approach. I also hoped that accumulating more units at a lower price would improve my potential distribution income and allow me to benefit if the sector recovered in the future.

Takeaway:

Next time, I would assess whether the price drop is driven by temporary market sentiment or weaker fundamentals before adding more units, while setting clearer limits for my position size and ensuring that I do not overinvest simply because prices have fallen.