TSX:REI.UN - Post by User
Comment by
Frankie10on Apr 12, 2023 11:23am
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Post# 35390717
RE:Time to *BUY more
RE:Time to *BUY moreThis trades at a small equity discount with a w.a. cap rate at 5.3% and CA 10Y ("risk free rate") of 3%... although i think a 5.3% return before leverage, with an inflation hedge in the real property, is a great investment for someone in their 50's / 60's... i think someone in their 20's / 30's will be better served higher up the risk curve... i own this for my parents and recomend to others of their vintage. i like to think i saved countless boomers from bonds at the peak (was a true pleasure to short bonds at the peak of ZIRP).
all the best snakey. (counter argument presented per the request of hroark)