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Started By
Message
re: REIT's
Posted on 7/25/16 at 7:59 am to WiscyTiger
Posted on 7/25/16 at 7:59 am to WiscyTiger
quote:
I've got:
Lightstone Value Plus REIT II. (6.5% div.), non-traded.
Inland Income Trust, (6% div.), non-traded.
WPC (7.28% div.).
Sold this one: GPT
Non-tradeds. One of the biggest scams in the industry.
1
Posted on 7/29/16 at 8:58 am to whodatigahbait
quote:
Non-tradeds. One of the biggest scams in the industry.
Why?
Both of mine have done fine over the past two years. Almost all of my other stuff is traded. My CFP picked those two REITs, which was the only reason I bought them. I'm sure he made good commissions on them, but I'm fine with that as long as it doesn't cost me anything and as long as it makes good income and the value doesn't drop.
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