No. of Recommendations: 4
I realize mreits are anathema to you. That is fine. I think prudence will give the watchful investor some forewarning on bailing if and when this scenario occurs, and, yes, I suspect it will. I do not think this will be one day you are ok, then all hell breaks loose and you are grabbing your shorts. Also, being more selective in buying gives one somewhat more of a safety net-for me I have stayed away from the common and bought into only the preferreds, at a below par buy-in price, of mreits that have been around a long time and weathered the last recession in 2008 that was preceded by an inverted yield curve months ahead of time-DX and NLY for two.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.