My "AGF Global Real Estate" fund has been dropping sharply since April. Should I sell with loss or hold for long term? Any advise please!
-lingliu97(pureblue);
2007-5-26(#1799@43)
It seems not too many people have real estate fund. Both my "AGF Global Real Estate" fund and "CIBC Canadian Real Estate" are dropping, Especially the former one. I think I will at least drop the former one sometime next week.
-lingliu97(pureblue);
2007-5-27(#1817@43)
I hold CIBC Canadian Real Estate Fund too. It seems that the sub-prime problems do not affect Canadian RE market.Since the booming Alberta housing market, in my humble opinion, I think CIBC Canadian RE Fund will have an above average performance in all MF's. And I will buy more of it if the market corrects itself.
The unrealized Gain/Loss of my Mac RE fund is -15.3% now. A negative number. I don't know what I should do about it.
-moneygrubber(moneymaker);
2007-5-27{327}(#1820@43)