I added another 500 shares today. . .after reviewing my portfolio (of 48 stocks, etc) it was the ONLY stock or bond that was undervalued. . .yielding 7.6% with future growth prospects. . .all of us "old farts" will be checking in to a facility one of these days. . .
vick: I do agree that demographics favor continued growth. However, like all stocks, SNH will have its periods of decline. If this should happen again; I'll double my position. Most of my portfolio is currently in income producing Reits, Oil,NG or Coal trusts or limited pardnerships. As the current baby boomers retire; income stocks will become very important to them; so the long term looks good for this sector. (Metalurgical Coal has been very, very good to me over the last year and a half.)
interesting that you are in coal also. I bought ARLP a year ago, and it has been my best performer. . .our portfolios sound similar. REITS, big dividend stocks, and oil royalty trusts. . .lots of income for the "golden years"