TSX:REI.UN - Post by User
Comment by
milliontraderon Aug 14, 2020 7:51pm
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Post# 31411224
RE:RE:Buffet into REITs
RE:RE:Buffet into REITs
Vaccine from Russia is fake and the world knows it. You need to relax, stop looking at the market for a few days it will only drive you crazy, let the monthly dividend to slowly take care of the margin and if you have income keep buying every month. This is the accumulation phase. It will take times, which is good, it will allow us to buy more and the more we buy and institutions buy the higher it will go. Market is waiting for more confirmation, it will takes a vaccine and one or two Q. If you are in a quick buck this isnt the stock. This is a long haul stock with a potential to double your money while getting paid 10% a year. This is a stock you want to start at the bottom as long as you can do you can keep adding to your position with the dividend. Retail investors are dumb, they won't buy this because they stop any further DD after seeing the retail attached to the name. Maybe 1 out of 10000 retail investor is aware of the residential play of riocan and 1 out of 20000 knows not to use EPS to calculate the pay out ratio. Check out the forum. Most of the retail think the pay out ratio is 555% vs 80% that's why they somt to touch Plus people are waiting for the school reopening and flu season to see if we have a second lock down ( the answer is no but retail is dumb so yeah )