Post by greatboo on Oct 3, 2019 12:32:17 GMT
I've been investing mainly for yield, but I now feel VERY over-exposed to Property Partner (especially in the light of recent developments) and would like to reduce my exposure. Two strategies suggest themselves:
1. Sell poor performing properties (which will involve taking some losses). This leaves me with a better portfolio, but still at risk from platform failure.
2. Sell better performing properties (which I can do at a profit). This leaves me with the "dross" in the hope that PP lasts long enough to be able to sell at the 5 year mark.
Bearing in mind PPs problems and a weak housing market, what would you do in a similar situation? What factors would you take into account?
I can't help feel there's a basic investing principle that would give the "right" answer to this problem.
Currently I can't decide the best approach, so I'm doing nothing - which is almost certainly NOT the right answer!
Any thoughts appreciated.
1. Sell poor performing properties (which will involve taking some losses). This leaves me with a better portfolio, but still at risk from platform failure.
2. Sell better performing properties (which I can do at a profit). This leaves me with the "dross" in the hope that PP lasts long enough to be able to sell at the 5 year mark.
Bearing in mind PPs problems and a weak housing market, what would you do in a similar situation? What factors would you take into account?
I can't help feel there's a basic investing principle that would give the "right" answer to this problem.
Currently I can't decide the best approach, so I'm doing nothing - which is almost certainly NOT the right answer!
Any thoughts appreciated.
