Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): T.AX.UN | ARESF | T.AX.PR.I

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

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TSX:AX.PR.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > SELL REITS AND SHORT THE YEN?

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Post by garyreins on Aug 06, 2024 1:03pm

SELL REITS AND SHORT THE YEN?

Seems lke a good trade.

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Comment by DZtrader on Aug 06, 2024 3:47pm

Short the Yen? Now? No wonder your trades are all upside down!

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Comment by rad10 on Aug 06, 2024 5:48pm

I wouldn't even know how to short the Yen. Just a simple guy buying undervalued assets, and collecting great dividend income.

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Comment by Frankie10 on Aug 07, 2024 6:35am

As I like to do from time to time - I disagree with DZ. I think it was a great time to short the yen. Rad - not financial advice - but I short the yen thru my IBKR margin account. I borrow it at 1.5% p.a. and have REITs as collateral, which distribute more than the CAD and JPY interest. I short JPY by buying a JPN stock 100% on margin (thus creating the JPY debt, which I consider a short ...more

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Comment by rad10 on Aug 07, 2024 7:38am

sounds cool Frankie. It's a little too exotic for my simple approach, but I admire anyone who can do stuff like this on a regular basis. Tranferring over from my discount online brokerage to interactive is also something I have "meant to do" for a while now. Too much inertia!! Picked up some GOOGL and FFH with cash from Artis preferreds. I only ...more

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Comment by Frankie10 on Aug 07, 2024 8:31am

It's a lot simpler than it sounds. I saw TJ's nasty little comments when I signed out, so let me address them here - I'm up 2x on Metaplanet (closed after hours session at 893Y), impossible to quantify gain on equity as no equity was invested ;). Thanks for your concern TJ - you remain an unappreciated and unwanted groupie. Please don't bother responding to my stuff man, I very ...more

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Comment by Torontojay on Aug 07, 2024 9:29am

Frankie has me on mute and yet he responds to all of my posts. Go figure that one out. He can convince anyone that he's making money on reits when it should be very clear that he's underwater. What a slime ball greasy car salesman you are. To make matters worse, he's levered up. Be careful with the carry trade. The last market correction was just a teaser for what ...more

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Comment by Panic54321 on Aug 07, 2024 10:12am

I think it's crazy someone constantly posts about reits if they didn't own any.. I think someone on here just likes to argue with people with about his economic theories.... talk about reits that you own ..... or go somewhere else and post... please..

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