Discrimination: Get real!

Fortunate are those who have not encountered discrimination anywhere! Actually, they might not be fortunate, they could just be delusional!

In the real world, discrimination takes place all the time and everywhere!

Are you good looking? If you are, you are lucky because you are assumed to be good in many other things even though you might not be. Well, would we rather be around good looking people or ugly people? Now, be honest.

Are you a man? If you are, you are lucky because in jobs which both sexes are able to take on, employers would favour men to women. 

Why? 

Men don't get pregnant. They don't have to take leave to give birth and take care of babies as a consequence.

Are you young? If you are, you are lucky because you have more mileage left in you than older people. Generally, employers prefer to have younger workers.

Are you well connected? If you are, you are lucky because who you know is more important than what you know! This is the bombshell!

There are probably many other ways in which people suffer discrimination: racial discrimination, religious discrimination, weight discrimination, class discrimination or even political affiliation discrimination!

If we are receiving the shorter end of the stick, of course, we can complain all we want about how unfair things are. However, the real world is never fair.

If we feel that we are a victim of discrimination, what can we do? Look for greener pastures, I suppose, as discrimination is probably hard to eliminate.

If we feel that we have been wrongfully dismissed, we could approach the Ministry of Manpower and here is the link: 

Claims, Complaints and Appeals.

That discrimination exists in all its forms should be one of the first lessons we learn in life unless we do not live in the real world.
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Added (3 Feb 17):

Related post:
Tea with AK71: Looking good.

Five steps to take in REIT investment.

Now, I would not tell people if it is a good time to buy or to sell anything in the stock market. Regular readers know this. It is only on hindsight that we could tell if it was a good time to buy or to sell. Everyone has perfect hindsight. Not very useful, is it?


I know I have many more than a thousand blog posts by now and it would probably take quite a bit of time to trawl through them but I have hand picked a few and provided hyperlinks in the right side bar for your easy reference.

In this blog post, I want to share what I think I can safely share with anyone without getting into trouble and that is my general approach to the issue of investing in REITs. I try not to be repetitive but it is hard to avoid repeating at least some of the stuff I have said before in earlier blog posts.

Step one, know what is a REIT. Yes, don't laugh! People buy things just because it is the flavour of the month or year sometimes. It is true! Know what is a REIT and whether it fits your investment objectives. If you don't know what you want out of your investments, please leave your money in your bank account. 

Step two, if investing in REITs fits your investment objectives, look at the numbers of the different REITs available and see if you like them. If you read my blog posts on the different REITs I am vested in over the last 2 to 3 years, you will get an idea of what I look out for when I examine their financial reports. My approach is by no means fool proof but I believe that it does a pretty decent job.

Step three, if you like the numbers of certain REITs even at their current unit prices, then, they are still good investments for you! Doesn't sound like a difficult conclusion to arrive at, does it?

Step four, decide how much of each REIT you want to buy into at the current unit prices. As a percentage of your total investible cash, how much would you be comfortable with investing? Now, this is a very personal question. Some people are conservative while some are bolder. Two people could have the same belief that being partially invested while keeping a war chest ready is the way to do it but differ as to the proportion of investible cash to use.

Step five, buy, hold and monitor. Yes, don't think that everything is hunky-dory after making your investments. You want to monitor how they are doing on a quarterly basis. Keep track of macro trends and think how these could affect your investments. If you stay on top of things, you will feel confident in your investments and if there should be opportunities to buy more on the cheap, you would be able to act decisively. By the same token, you would also know when prices are somewhat rich and that partial or full divestment could be a good choice.


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