Post by
Wantthetruth999 on Sep 14, 2023 2:08am
Why REITS are such good investments
If you bought 10,000 shares at $3.21 ($32,100 investment) you get $4,125/year being a 12.85% return on investment. If the price drops to $3.15 (your invested amount drops to $31,500 - a drop of $600) but you still get $4,125/year and your return on investment goes up to 13.095%. Not to mention REITS amazing situation where they pay no income tax. And you put this in your RRSP/ RRIF/TFSA and you pay tax on only the amount withdrawn from your RRSP/RRIF and no tax at all coming out your TFSA. It works really great for retirement as you get the $4,125 every year no matter what the price is.
Comment by
BlueJay2020 on Sep 14, 2023 9:36pm
Sorry, but you're confusing return on investment with dividend yield. Your ROI doesn't increase when the SP goes down - it can only decrease.
Comment by
Wantthetruth999 on Sep 15, 2023 9:25am
The monthly payment is based on number of shares times the monthly payout announced by INO and has nothing to do with share price.
Comment by
rabnud on Sep 18, 2023 11:58am
anyone have the current NAV available to post
Comment by
DJ441c on Sep 18, 2023 9:20pm
How accurate is the NAV when a large property is vacant They said they were working with a dveloper to sell it but nothing and Amine had to come back! not looking too good at the moment unless sale occurs
Comment by
SIGG1 on Sep 15, 2023 9:26am
Wantthetruth999 yeah we all know that, this is not breaking news.