14-06-2013, 02:19 PM
(14-06-2013, 12:20 PM)Temperament Wrote: REITS is a special class of investment. It should be buy @ a price where it's DPU (D. yield) is satisfactory and sell @ the moment the yield is not satisfactory according to each individual reits. It should not be treated as a B&H long term growth stock.
Someone use the analogy of the farmer milking the cow on the farm. Not only the cow needs nourishment but the farmer needs more & more cows just to give you the milk you crave. You also have to pay more & more to the farmer. i think it's a possibility that in the end the only one who gains will be the farmer. Some of the cows may belong to him if you can't pay.
Definitely agree with you. I am gladly switch out of my reits if I can find a company with good dividend track record to place my money in. Been searching high and low during these 2 weeks, but still yet to find any out of my existing holdings that can satisfy my yield "craving".