GREY:HLLOF - Post by User
Comment by
Loadon Dec 19, 2008 9:09am
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Post# 15656583
RE: You think this ones cheap now....
RE: You think this ones cheap now....normally I owuld think that is fear mongering. on real estate - IF you have a Canada Life REIT or the REIT fund - it is closed for redemptions - yes you cannot get your money out as a run on redemptions in any fund means that teh underlying asset must be sold. this is normally not a big issue with an equity fund as equities are liquid. real estate is not. Real estate may very well be in big trouble