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Vanguard Specialized Funds - Vanguard REIT ETF Message Board

  • BryanC66_98 BryanC66_98 Oct 30, 2007 9:52 PM Flag

    70= bottom

    i've been down in this holding since i bought it in early 07. finally going to start lowering my cost per share. anyone else filling in with the vornado news?

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    • I don't know about 70 being the bottom. Until the housing mess starts to clear up I think were going to see a steady slow decline in most REITs for the next year. It's really unfortunate that a good commercial reit like VNQ is being punished because of a totally unrelated housing mortgage problem. I am also afraid that we need to see T-bill rates drop before we see much interest in REITS again. I am waiting for VNQ to slide to about 65 or at least 9 months from now before I consider buying again.

 
VNQ
76.59+0.48(+0.63%)Jul 6 5:17 PMEDT