Thu, Dec 25, 2014, 6:49 PM EST - U.S. Markets closed for Christmas


% | $
Quotes you view appear here for quick access.

CBRE Clarion Global Real Estate Message Board

  • mike5885 mike5885 Feb 20, 2009 6:24 PM Flag

    IGR position

    I have gotten massacred in this puppy. So take what I say for what it is worth.

    I sold 1/2 my position at 12, the another 1/4 below 12.

    I then sat on my hands, promising myself to wait for 3 and if I missed a rally I missed it.

    I put everything back on today at 2.84. Yeah baby

    only time will tell, I am either brilliant and patient or a fool

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • sky is the limit very soon once the real estate dust settle down this will go all the way to $ 21.16 . Jay Swaminarayan .

    • Something to ponder:

      IGR is a pool of REIT's. It is widely diversified across country, type and currency.

      Current distribution = .045/mo or .54/year

      that is .54/3 a yield of 18%

      now lets play devils advocate, cut the dividend by 75%

      distribution then = .045x.25x12 = .135/year

      that is a .135/3 a yield of 4.5%

      That beats any money market, with a capital gains kicker in a worst case scenario in my opinion

      again there are risk, please do your own research

      but think it through

8.96+0.040(+0.45%)Dec 24 1:02 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Yahoo! Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST
Virgin America Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST