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No. of Recommendations: 1
In his latest REITwrap from RSR, Barry Vinocur quotes Mike Kirby of Green Street Advisors who said that "our own studies have previously shown the simple strategy of selling REITs when they trade at big NAV premiums (like 10%) and buying them when they trade at big discounts results in superior total returns versus a buy and hold strategy".

Even if it worked, to me it does'nt sound like it would be that practical for retirees. (The devil, as they say, would be in the implementation, which could prove tricky for people seeking a steady income.)

What's your opinion?
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