Author: Mr DDU & Mrs DDU.
Disclaimer: Stocks mentioned on this blog are for general entertainment/documentation purposes only, following our own investment journey and decisions. Nothing in this article should be considered investment advice nor is intended to be investment advice. Please click here to continue reading our disclaimer. By viewing any page on this blog you are agreeing to the linked terms & conditions.
Now we get to update you guys with what we bought during December.
So, let’s get into it:
What we bought: Arena REIT (ASX:ARF). We bought 219 shares at $2.29 each.
What Arena REIT do: Arena is a real estate investment trust that rents its properties mostly to childcare operators.
Why we bought some shares: Very little of our wealth is related to property of any type, so we thought we should diversify a little bit. Arena has grown well over the last few years and hopefully will keep doing well.
Risks: There is supposedly childcare centre oversupply issues in some areas and rising interest rates may hurt Arena’s property values.
What we sold: Trilogy International (ASX:TIL). We sold 233 shares at $2.55 each.
Why we sold: After only a couple of months of us owning Trilogy shares, it received a takeover offer, about 20% higher than what we paid. We were happy to sell the shares on the market before the takeover is completed.
Short and sweet for the final month of the year. We received a net $71 from our transactions, but we will be deploying all the extra money in January. You’ll have to wait until next month to see what we bought!
What investments did you make in December?
Thanks for reading this article about our investing journey Down Under.
Onwards and upwards!