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This blog is a reply to a reader's comment: HERE.
Whenever readers ask me if it is a good time to buy something, I get the shivers. -.-"
I don't know what Mr. Market might do tomorrow and, so, I don't know if the price will go up or down.
I do not have a working crystal ball.
However, I have a very dusty bowling ball that sometimes thinks it is a crystal ball.
You want? ;p
As long as I am satisfied that something is an investment that will generate a fairly attractive and reliable income for me, I buy some.
Past rights issue shouldn't matter to an investor today.
He should look at today's numbers and decide whether it is an investment that will deliver what he is looking for or not?
We might have different requirements and certainly different circumstances.
So, it is probably not a good idea to ride on someone else's coattails, no matter how famous that someone is.
We can always wait for prices to plunge before buying but prices could appreciate instead.
It might also be many years before Mr. Market goes into another depression and we would have lost many years of income.
This is why some say time in the market is more important than timing the market.
To buy now or to wait, it depends on whether you feel IREIT Global fits your plan and whether it meets your minimum requirement from an investment.
If you are interested to get a glimpse of my investment philosophy, read this blog:
"I emphasize that I will not tell anyone if they should or should not buy anything.
"I am only sharing my philosophy and experience in my blog.
"I am not here to make a decision for you."
There are also some relevant ideas in these blogs:
Beware of scams!
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