THE FINANCE GHOST: Listed property – a ‘solid’ sector?

The property sector put in a great performance in 2021, admittedly off an awful base. If you bought STXPRO, the Satrix property exchange traded fund , at the start of 2021 you would have gained more than 30% in value at the end of 12 months. Sadly, a nasty drop since then means you would now be less than 10% up from your entry price.

That ETF is now trading about 40% lower than at the start of 2020, before the pandemic broke the property sector. Expressed differently, it would take a 66% gain to get back to those levels. This is either a heartbreak or an opportunity, depending on when you entered a position in this sector ...

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Put your brand in front of South African business ownersIf you want to ensure that your brand is top of mind at all times among South African business owners, then you need an always-on display campaign on BusinessTech.
La source: BusinessTechSA - 🏆 24. / 61 Lire la suite »

Umkomaas business owners say it's a long road to recovery after July unrestSelvin Pillay, one of several business owners in Umkomaas, was visibly emotional as he detailed how 25 years of hard work building his furniture shop had gone up in smoke. Our hearts go out to this community! Where is the pathetic SAHRC
La source: ewnupdates - 🏆 30. / 53 Lire la suite »