Hi Vic
Yes, I could certainly hold both. And it would increase diversification. The reason I don't hold REH is essentially for valuation reasons. I can see its quality, I just am not convinced it's my best investment decision.
One other thought. There are repeated warnings/signs we might get a "correction" in house prices/consumer spending (in many western markets). I don't have a view on that - if or when - but I'd be much keener to buy REH / increase HWDN after or during such an event, than before it. We have had a very extended benign period - I feel if I buy now, I may be one of the last to the party. I accept that REH, as evidenced by its long-term performance record, is not especially cyclical but i. future shocks are not always like the most recent ones; and ii. the market's valuation of REH might be more affected. Again, this seems like a reason to invest elsewhere rather than REH for the moment. If we get a decent housing market/consumer spending shock, maybe I'll get a chance to buy REH at an attractive price, and if not, I'm happy with the other opportunities I can find. GLAH
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Hi Vic Yes, I could certainly hold both. And it would increase...
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Last
$28.52 |
Change
-0.050(0.18%) |
Mkt cap ! $18.42B |
Open | High | Low | Value | Volume |
$28.11 | $28.65 | $27.89 | $6.693M | 234.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1890 | $28.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$28.61 | 1627 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1890 | 28.470 |
2 | 327 | 28.460 |
1 | 1627 | 28.440 |
1 | 1627 | 28.410 |
1 | 1627 | 28.390 |
Price($) | Vol. | No. |
---|---|---|
28.610 | 1627 | 1 |
28.630 | 327 | 2 |
28.640 | 1627 | 1 |
28.660 | 1627 | 1 |
28.690 | 1627 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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