Post by
garyreins on Mar 05, 2024 8:15pm
Scrooge mcduck
What % of your portfolio is in Reits? Crazy how s and p , BITCOIN, or nasdaq profit taking ain't getting in this sector for high yields and possible 25% upside in 1 year in cutting cycle. Mind boggling
Comment by
ScroogeMcDuck1 on Mar 05, 2024 8:39pm
My percentage is too much, I have learned. I cannot fathom how a reit like sru, or others with 8-10% proven sustainable dividends gets sold incessantly. I basically have given up. The markets are just about trading in and out of bubbles, and you can see that works and minimizes risk to a degree. Income investing is for suckers
Comment by
garyreins on Mar 05, 2024 8:48pm
These reits were way higher in July. Dream office was 14.50 and Artis 7.25 and RIOCAN 20 for example. No reason they shouldn't be back at those levels being much closer to inflation being in 2% and rate cuts by summer.
Comment by
garyreins on Mar 05, 2024 8:53pm
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