buy slf if you want to buy the index
its down about 50%
gee imagine all the retirees that would have bought reits thinking they would get a good income in a relatively secure business
ie they rent properties don't they?
I even know of people who borrowed money to buy stocks like GMG reasoning that the earnings would cover their interest payments
how wrong they were.
what a complete disaster REITs have been
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wdc, gpt or cer – which one ?, page-5
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