TSX:REI.UN - Post by User
Comment by
gasholeon Sep 30, 2020 9:42am
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Post# 31640865
RE:RE:RE:RE:RE:no love for reits
RE:RE:RE:RE:RE:no love for reitsBP said they believe peak oil is NOW...... the problem I have with mall reits is I usually only own what I do... In other words, I use hydro, so I own hydro, I burn gas in my house so I own pipelines, and 1 producer (ARC)... I am buying household improvments so I own home depot and Lowes... I havent been to a shopping mall for 7 months.... so I am struggling with holding my REI and SRU shares... I dont have a lot, but thats how I look at things.. But yes owning more than just REITS is probably a good idea lol !!
SeekAlpha81 wrote: I agree! They're calling for peak oil in 10 years. I'm not saying Enbridge is a bad stock to own, but does everyone just own one stock and go on every other board and trash the stocks, lol! Canada will continue to increase its population which means real estate has one way to go and that's up. I personally own some energy plays and reits... why not own both? They're both amazing recovery plays.
Thank you for sharing the Smart Centres info Reitguy... that's good information to have!