RE:RE:Another recent review of Dream REIT
Please explain how the current share price has anything to do with the value of the stock. Also, please explain how you can lose money while collecting a dividend which pays far in excess of inflation.
I have held D.UN for over a decade and never lost a cent on it. In fact it has continously paid a dividend all that time. The stock price went up and down during that time, but the value remained the same and actually increased as the dividend increased during that time.
During 2008-2009 the stock price went well below its value and I bought a lot more at that time and also bought more during the current downturn.
Speculating on share price movement is a guaranteed way to lose money over the long term. Investing in solid dividend paying stocks is the simplest and least risky way to make money.
Warren Buffet became the world's richest man by following two simple rules; only buy when the price of a stock is well below its value and don't sell as long as it continues to generate cash.
Until I see proof otherwise, I'll stick with Mr. Buffet's strategy as no other strategy has proven to be anywhere near as lucrative.