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

Context:

I noticed that S-REIT prices had declined compared with my previous entry, and I saw the lower prices as an opportunity to gradually build up my position through dollar-cost averaging (DCA). Rather than trying to predict whether the market had already reached the bottom, I wanted to take advantage of the price weakness and continue investing based on my longer-term view of the sector.

My thinking was that the decline in price could provide a more attractive entry point, especially if the underlying properties and distributions remained relatively stable. Although I was aware that S-REITs could continue to face pressure from interest rates, financing costs and market sentiment, I preferred to add gradually instead of committing a large amount of capital at once.

My trade:

I added to my S-REIT position because the price had dropped and I wanted to DCA at a lower price. My main reason for adding was to reduce my average cost while increasing my exposure to the potential distribution income and longer-term recovery of the sector.

I did not want to invest too much capital in a single purchase, as the price could continue falling in the short term. By adding a smaller amount, I could maintain flexibility to make further purchases if the market declined further. This allowed me to follow my longer-term investment thesis without relying too heavily on trying to time the market.

Takeaway:

Next time, I would set clearer DCA levels and position limits beforehand so that I can add systematically based on my investment plan rather than simply buying because the price has fallen.