T
17 hours ago
$Sasseur Reit(CRPU.SG)Added on Confirmation, Not on a Dip
Context: I don't add to a position because the story sounds good, I go back through the numbers first. Gearing's still comfortably inside where I'm willing to hold leverage, coverage clears with real room to spare, and the cost of debt has been trending down, not up, on refinancing. That's the kind of confirmation I actually wait for before sizing up.
My take: this wasn't buy the dip, it was the gates are still clean so I'm comfortable adding. Averaging in on confirmation rather than hope is the discipline I'm trying to hold myself to, regardless of where the price sits on a given day.
Not financial advice, just my own process.
Cheers, Iggy 🦖
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