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Author: middlearth Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19222  
Subject: A REIT to rave about!? Date: 1/16/2000 11:15 AM
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Does anyone own FFA stock as a means of income? IT looks great to me and the numbers look promissing. Just wanted to get some second opinions.... Thanks.
Eddie
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Author: DoktorDi Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1601 of 19222
Subject: Re: A REIT to rave about!? Date: 1/16/2000 5:41 PM
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<<FFA stock as a means of income? IT looks great to me and the numbers look promissing. Just wanted to get some second opinions...>>

This looks like the same situation I was looking into in preferred stocks. The 10% yield looks great, but what does it mean if the share price drops 10% per year?

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Author: middlearth Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1603 of 19222
Subject: Re: A REIT to rave about!? Date: 1/16/2000 7:01 PM
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>>>>The 10% yield looks
great, but what does it mean if the share price drops 10% per year? <<<<

Noone knows the future, but past record looks pretty darn good- as this maximum time graph indicates:
http://finance.yahoo.com/q?s=FFA&d=my
Regards,
Eddie

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Author: rjm1 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1605 of 19222
Subject: Re: A REIT to rave about!? Date: 1/16/2000 9:34 PM
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This looks like the same situation I was looking into in preferred stocks. The 10% yield looks great, but what does it
mean if the share price drops 10% per year?


If you do not intend to sell then you are probably ok.

If the company gets into financial problems the stock will drop and the dividend may stop. Then you will have a problem.



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Author: Follydolly Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1861 of 19222
Subject: Re: A REIT to rave about!? Date: 1/31/2000 10:55 PM
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Does anyone own FFA stock as a means of income? IT looks great to me and the numbers look promissing.
Just wanted to get some second opinions.... Thanks.
Eddie

I have owned FFA since 1994 at $18. Other than SPG, it is the only REIT I have that has appreciated in value. All the others lost thousands in capital, which to me is the same as robbing Peter to pay Paul, only I am robbing myself. Two Reits I owned actually turned into penny stocks...I sold them at a substantial loss. The Reits were purchased for my account (with my stupid approval) by my ML broker. I think he made good money from these sales. When he managed to sell me another $15000 worth of HPT last fall and I realized my error, I changed brokers, make my own stock trades over the internet, use the broker for mutual fund & bond purchases. My portfolio is looking lots brighter thanks to TMF. I still own the REITS and junk bonds I bought through ML, but should any of them approach near to what I paid, I'm getting out. Back to FFA, I believe that it's now an expensive REIT and you could lose some capital. Just doesn't make sense to me.

Fool on!
follydolly

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