anyone here invest in REITs?
07-13-2014, 03:27 PM
#2
My wife and I are currently invested in HCP, OHI and MPW. They are REITs involved in various types of medical properties. We bought them more for the dividends than growth and 2 of the 3 haven't done much growthwise since we bought them. Obamacare may or may not eventually help them in that regard but if it doesn't I think the overall downside price risk is small and the dividends safe [I am aware that there are others who think the opposite].
We also have a position in AGNC which is a REIT that deals exclusively with residential mortgages. The price of that one got hammered in mid 2013 and we're still sitting on a paper loss [although the loss has now been cut by 2/3 with the dividend payout and stock price recovery]. A lot of people are scared of that one but I'm sticking with it.
We have considered getting into VNQ [which is more broadly based] but are waiting for a price pullback. It pays a lower dividend rate but the growth curve is better. I also think that the stock price would also be more susceptible to a down turn in the overall real estate market than the medical based REITs.
We also have a position in AGNC which is a REIT that deals exclusively with residential mortgages. The price of that one got hammered in mid 2013 and we're still sitting on a paper loss [although the loss has now been cut by 2/3 with the dividend payout and stock price recovery]. A lot of people are scared of that one but I'm sticking with it.
We have considered getting into VNQ [which is more broadly based] but are waiting for a price pullback. It pays a lower dividend rate but the growth curve is better. I also think that the stock price would also be more susceptible to a down turn in the overall real estate market than the medical based REITs.
07-14-2014, 04:51 AM
#4
That REIT was closed to new investors in April 2014 and is/was not traded on the open market.
Some of my own personal rules for considering owning a security are: Publicly traded: Price/Share greater than $5.00; Daily volume greater than 200,000 shares. I don't care to own anything in this crap-shoot market I can't get out of in an instant.
Depending on your risk tolerance there are lots of other rules that are just as valid and lots more "exciting" to use.
Some of my own personal rules for considering owning a security are: Publicly traded: Price/Share greater than $5.00; Daily volume greater than 200,000 shares. I don't care to own anything in this crap-shoot market I can't get out of in an instant.
Depending on your risk tolerance there are lots of other rules that are just as valid and lots more "exciting" to use.
07-14-2014, 02:57 PM
#5
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...also have a position in AGNC which is a REIT that deals exclusively with residential mortgages. The price of that one got hammered in mid 2013 and we're still sitting on a paper loss [although the loss has now been cut by 2/3 with the dividend payout and stock price recovery]. A lot of people are scared of that one but I'm sticking with it.
Still kicking myself for trusting all the hype.
07-17-2014, 11:16 AM
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I work for a bank in commercial real estate. I handle REIT loan closings mostly, as for investing as a person, I highly recommend it. Especially shopping mall REITs.
this isnt financial advice, youve been warned LOL
this isnt financial advice, youve been warned LOL
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10-28-2014, 06:51 PM
#9
