| When Do I Buy REITS? |
|
| Written by David Neubert | |
| Thursday, 14 February 2008 | |
|
A reader asks: "You said you were watching REITS a few months ago and would pull the trigger if they fell. Can we buy them yet?" My answer: Not yet. I use the Dow Jones Wilshire REIT Exchange Traded Fund, (RWR - $66.32) to follow the REIT market. Right now the fund has fallen 34% from it's high of nearly $100 to $66. While that's a big fall at a trailing yield of only 4.3%, I'm still not ready to jump in. Big cap U.S. equities still seem like a better deal. Disclosure: I do not own RWR. I do own some commercial real estate though, in the form of a few different limited partnerships.
Image by David Neubert via Flickr. Comments
(0)
| |
| Last Updated ( Monday, 18 February 2008 ) | |
| < Prev | Next > |
|---|
| Company Profiles |
| Individual Profiles |
| Movie Reviews |
| Culture-Celebrity |
| Opinions |
| Staff Recommendations |
| Resources |