TSX:AX.PR.E - Post by User
Comment by
Frankie10on Nov 20, 2024 10:13am
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Post# 36321579
RE:FRANKIE
RE:FRANKIEgaryreins wrote: In exactly 3 weeks my IBR margin rate will be 4.50%...
I can buy the big cad reits for HR- 6%, REI - 5.8%, DIR- 5.50%, solid 1% net while waiting for a rebound
And
many others for 7-8% dividends
like what in the actual __________
keep dumping them BOTS
This looks like a bogus trade by the shorts that will have an expiry date
Hi Gary, yes as I showed you on my X post, at 3.2x leverage my reit portfolio kicks off a levered yield of 10.3%... that was using market rates, so as unit prices fall, those yields would go up. Furthermore, when rates are cut, the cost to borrow would come down and the yields would again go up. Anyways, all that to say - I agree, they are very cheap and a very compelling fixed income strategy (with underlying assets). Cheers lil homie. Chin up... not following any of ur imagine 40 daily posts... but I bet they are great. Long term hold and chill buddy. Don't sweat the day-to-day action.