Reits look good, for now

[flinger]

As a general rule, the best assets do not get sold into a REIT, they are held forever by the original owner. From a purely rational perspective, REITs are simply a convenient dumping ground to offload undesirable assets to a gullible public. An outright sale would be difficult since the buyer would likely do due diligence and negotiate a discount for lousy assets. But the public can be convinced to buy anything in a bull market. In fact very little convincing is needed - the public is happy to convince itself, especially in today's low-interest rate environment.

D.O.G., do you really believe that the purpose of REITS is purely for business to dump the "unwanted" assets to the public? All REITS purpose is this and nothing else?

All people who buy into REITS are basically gullible public who are been suckered into buying useless assets ?

Your advice is to all people is to don't buy REITS, they are all out to get you?

There is no reason why anyone should ever buy into REIT. All REITS are bad. They are an investment class to be avoided.

Am I correct in understanding what you are stating?

OR is there a right time to buy REITS? Or are there characteristics that a REIT should have that enables it to be a good buy?

REITS certainly are not no-risk investment or low risk investments , they certainly contain risks, but are they as bad as S-chips ;P ??

The risks are open similar to stocks, or am I wrong to compare them with stocks? Yes, they are different class and gain growth differently.

Some REITS carry more risk than others.

I would like to hear if you feel there are good aspects of REITS etc.

Appreciate your insightful replies as always.