on what impact the investment in REITS has had and may likely have in the future on DNP. REITS in general have declined severely in market value but the REIT segment of DNP has held up very well. Some insights please.
I seems to me that REITs tend to be a hedge against inflation. Recenty Warren Buffet suggested that REITs were undervalued IHO which caused a short-term upward spike in prices. Commercial property REITs are not to good in major market downturn when businesses are failing. Also there is a lot of uncertainty concerning health care REITs concerning future government spending cuts. I like DNPs mix and I believe that electric and gas utilities will become big competitors to the baby bells for communication services longer term with deregugulation. Unfortunately my crystal ball malfunctions often!