Started By
Message
locked post

man all the reits I own are all at 52 week highs...

Posted on 1/24/13 at 8:29 am
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 1/24/13 at 8:29 am
WTF its that time of the month to add more as I dollar cost average, but its getting to the point of when is the market going to have a pullback and go down....the economy is in the tank after all right? what is going on....anyone care to enlighten me as to how this is happening? where should I go besides reits....and no hookers and blow arent an option
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5607 posts
Posted on 1/24/13 at 8:51 am to
REIT prices are based off market expectations but their dividends are based off profitability. Market has been expecting a housing rebound since early last year and it's coming to somewhat of a fruition, hence your price action. Housing prices look to be increasing by a mean of around 5% for the next couple years so, depending on the REITs, I would just hold on and collect on the dividends.

You aren't going to get that type of return many other places unless you're sophisticated enough to pick up some EM, short-term European debt, or can find non-agency mortgages that won't rip off your face on bid/ask. If you really want to dollar cost average, that's not a bad idea, but if it was me I'd just hold on. I'm doing so with my portfolio.
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5607 posts
Posted on 1/24/13 at 9:30 am to
quote:

and no hookers and blow arent an option

Also, just wanted to clarify.

These are always options, but can only be done in tandem.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram