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  • Reit

    Hello everyone,

    Can y'all give me some good REITs that perform well and are well managed.

    I need an REIT that I can buy into without using an adviser (I do all my own investing).

    Thanks!

    P.S. - Also wondering if a flat rate annuity, through Jefferson National, might be in order for me. I do not have income that qualifies for a 401k or IRA.

    But, I know that if the insurance company tanks, there is a chance you wont get all you $ back.
    Last edited by firehawkocean; 12-10-2013, 06:26 AM.

  • #2
    I don't choose individual Reits, I just buy the index.

    Are you familiar with MorningStar? It is a good place to begin looking. www.morningstar.com

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    • #3
      Originally posted by Petunia 100 View Post
      I don't choose individual Reits, I just buy the index.
      Agreed. I'm slowly buying into VNQ, which is Vanguard's REIT ETF. It has a 0.1% expense ratio, and just follows the MSCI US REIT Index.

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      • #4
        Another vote for buying the index. Fidelity's fund is FSRVX, same ER as VNQ.
        seek knowledge, not answers
        personal finance

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        • #5
          Originally posted by firehawkocean View Post
          Hello everyone,

          Can y'all give me some good REITs that perform well and are well managed.

          I need an REIT that I can buy into without using an adviser (I do all my own investing).
          Are you looking for a basic REIT that invests/manages real estate or are you looking for a high-yielding mortgage REIT? If its the latter, the named ETF's don't hold any of them. If its the former then I'd suggest an ETF like the others have mentioned.

          Although at this point in the interest rate arena I would be a little cautious holding mortgage REIT's no matter the yield.
          The easiest thing of all is to deceive one's self; for what a man wishes, he generally believes to be true.
          - Demosthenes

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          • #6
            I totally agree with KV. REITs have been killing it in the US post-0.2008. This is because the housing market was at the bottom, so you cannot lose. Be careful of US REITs into the future though. A soon rise in interest rates means a poor outlook for the mortgage business and therefore could complicate the growth of the overall housing market. However, REITs in Europe and other emerging markets (Brazil, Turkey, etc, where RE prices are rising) I think are great. These holdings provide international exposure (when many US investors are heavy into US investments right now) and capitalize on the same "bottom effect" yet a different market; the same bottom that the US has experienced over the last 4-5 years.

            Caution: some people look to REITs for stable income. Therefore, and international REIT could be counter-intuitive, as international markets (even Europe right now) have more volatility. Either way, make sure you understand the investment you are choosing, the market it gains exposure to, and that market's outlook over your investment horizon.

            Cheers!

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            • #7
              Originally posted by kv968 View Post
              Are you looking for a basic REIT that invests/manages real estate or are you looking for a high-yielding mortgage REIT? If its the latter, the named ETF's don't hold any of them. If its the former then I'd suggest an ETF like the others have mentioned.

              Although at this point in the interest rate arena I would be a little cautious holding mortgage REIT's no matter the yield.
              I held high-yielding mortgage REITs in my all-dividend-paying-stock portfolio for over 3 years and did very well. But I agree that the mortgage REITs are now playing either a game of chicken or a game of Russian roulette with the Federal Reserve. Mortgage REIT stock prices will plummet the instant the Fed jacks up interest rates. And there's no way to anticipate when that hammer will fall.

              Bottom line, I sold off all my mortgage REIT stocks at the beginning of this year. And I haven't looked back.

              Retired To Win

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              Retired To Win
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              making the most of my time and my money

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