I still had money on the sidelines, but didn't want to invest in equities because feel I missed out on the recent meteoric run-up. While some government numbers are indicating a turn-around for the recession, there are others saying that the commercial mortgages and exotic mortgages are going explode in the coming years. Still, I decided to put around 10% of my portfolio in a REIT thinking that this is a near bottom (March would have been a real bottom in hind-sight) and the bad news is factored in. This EFT REIT has a rather large discount to NAV, so that's attractive. It is relatively new, so the lack of history is a little scary. The really light volume makes me a little nervous too. Still its holdings are highly diversified among all the different types of REITS (medical, retail, commercial, etc.). The insiders have been accumulating for a few months now and have a personal stake. So, today I'm in around 19 (a recent 52-week high I might note). Hopefully RIF can take advantage of the real-estate wreck going forward and make a good return.
Those are my thoughts. I'd like to hear from other holders/watchers.