REITs May be Ready to Show You Some Money
The April 2008 edition of Money magazine commented that REITs down 24% may be ready to move up. The main reason being that REITs are cheap, and that historically REITs have traded at +4% of their net property value. According to Money, REITs are currently trading at -20% of their net property value. The magazine continues just a few more sentences by describing the difficulty in analyzing REITs because of their category mixes and local economic trends.
Good points Money magazine. That is why I like investing in REITs that are in a category I think I understand and geographically focused on the region of the country where I live. However, sometimes this approach is limiting. Be open-minded, and the REIT Media directory is designed to help you find REITs by industry and location.
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Mar.31.2008. 07:21
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