Most fund managers are not allowed to invest in any issue who's valuation is less than $5 per share. Looks like VNR may soon be joining EROC in that illustrious grouping! Isn't it great to be able to lose money and laugh about it?
REITs may have bottomed? Markets down 2-3 percent today. SNR only down 1.52! Hey, look for the silver lining! When my portfolio yield hits ten percent average, I'm going to borrow a lot at 3-4 percent to reinvest at the bottom! This is beginning to get real fun again!
I'm wondering if there are shadow casinos to be found elsewhere in China and if the CCP would quietly be willing to condone such activity? This would be my only concern with LVS.
I doubled down recently at $17.95 but it seems this knows no bottom? Oh well, just trying to informally rebalance the portfolio a bit. Also doubled down on SNR and MPW. I'm content with the dividends though quite disappointed with the valuation negative growth of SNH. Something's definitely wrong there.
I bought some at circa $20 years ago and recently doubled my position as an informal rebalancing of the portfolio as the price seemed quite low. I also doubled my MPW position. These REITs seemed to be somewhat oversold and interest rates should not be an important issue. I'm a bit surprised to see SNH go lower than my $17.95 per share purchase. I won't complain as dividend seems safe and the 8 percent dividend is a higher than my portfolio average! Seems low risk enough to me. Anyway, the valuation appears historically low. Buy low, right?
Sorta like buying s pig in a poke I suppose. Any percentage of RMR under fifty percent in the hands of share holders is pretty much worthless. So, just follow the money trail to find the dirty fingers! It is almost laughable except for fact I own a chunk of this. Of course, there is never any shame among greedy turds!
I'm already overweight here and recently tried some casual rebalancing with medical REITs which may be starting to bottom out. Still this is very tempting and should it ever get to $14, I think I'd be adding regardless my current position. Nothing like riding a winner for all its worth! GLTU no. 13.
If the dividend is safe and nearing nine percent, does this mean the price is right and it could be time to buy? Crooked? Who cares when one can get nine percent with low risk!
I think you did well! The REITs are all down for the moment and looking very cheap. SNR's senior health niche is bound to grow and could easily get bought for a premium by one of the majors down the road. Hopefully, the money raised will be put to good use. I think we've bought low but time will tell. In the meantime, the divvy is well over seven percent. Beats letting the cash just lay around doing nothing.
Don't you mean it's over but for the buying? If it goes below $17, I will probably load up some more. Heck, I might be tempted to borrow half mil at 4 percent just for the 8.5 percent! Buy low, sell high, friends!
Nearing a bottom here. Good buying opportunity I believe. Interest rates will rise very slowly over time and this will not have a serious impact upon most REITs. SNR is another which pays over 7 percent yield and I doubled my position today at $13.90.