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As we say Goodbye to an eventful year, we look forward a refreshing 2022. With next months newsletter, we shall go through out 2021 report card and make predictions for the coming year, so don’t miss it!
- Listed Property up 27%, Year-to-Date
- General Equities up 30%, Year-to-Date
We fell behind the index due to our portfolio being in a defense stance and changing of it to risk-on, resulting in the listed property portfolio being up 1.47% versus the All Property Index finishing the month of November off at 2.17%. For the year-to-date performance (1st January to 30th November 2021), the listed property portfolio is up 27.3% whilst the general equities portfolio is up 30% versus the All Share index benchmark at 24%. If you had your money in cash (typically fixed deposit), you would have only earned at best 6% pre-tax with official inflation rate being at 5.5% which automatically pushes you into negative real growth (-1%) of capital. This means that you would have technically lost money due to placing it in cash and not investing. Hence why Ray Dalio, a now famous American investor billionaire, states that “Cash is trash” when central banks have increased money supply thereby increasing inflation which lessens your buying power. Instead, one should invest it and cash is only critical once in every 8-10 years, typically during a crash, which should be used to buy more inflation beating assets.