I've been buying into REITs quite a bit in recent months. I have $O-0.9% stock in my portfolio, which I try to buy below $60. More recently, I've added $VICI-1.2% stock to my portfolio, which I've been buying below $30. It seems to me that REITs have been getting hammered quite a bit lately, so I've been overbought regularly and looking forward to the dividend coming :D.
What REITs do you have in your portfolio and at what price are you overbought?
$O-0.9% $WPC-2.0% $VICI-1.2% $ABR+0.2% but there are a bunch of quality REITs.
That's quite a lot :D. Some REITs I don't know and will look into. Which REIT do you have the most money in?
If there's interest, I'll be happy to take a look and write up the best quality REITs for me. I have the list somewhere. 😅
I have an O :)
Yeah, such a stable classic :D
I have $O-0.9% and $MO-1.4% from this sector. That's as far as I go.
Yeah, I get it. So $MO-1.4% also operates and manages some properties?
Patience. I don't think we're at the bottom yet, at least not with REITs.
It's possible and if they still drop, I'll gladly buy more.
If you're going DCA, then yes, that's probably reasonable.
I agree, I also expect us to go down even further
So hopefully some discounts will come and we will be able to buy more :D
I have both, $O-0.9% I'm adding now as it's dropping, I did another buy today. I see $VICI-1.2% as a good company too which I have a $30.62 buy and if it looks below 30 I will overbought.
Great, I'll also buy more if VICI gets under 30$.
Do you have any REITs for a longer period of time, e.g. 3-5 years or more? Has it beaten your sp500 if applicable (including dividends)?
Not yet and it will take some time and then we will see if this investment has paid off :D
Why do you ask? :)
Well, what I have observed so far is that one has to choose very well to make it worthwhile. Out of 4 I sold 2 at a loss (EPR, OHI) and two I hope I sort of hit (IRM and ABR). I currently only have ABR and prefer BAM/BN who can walk the walk.
Well, what I've observed so far is that one has to choose very well to make it worthwhile. Out of 4 I sold 2 at a loss (EPR, OHI) and two I hope I sort of hit (IRM and ABR). I currently only have ABR and prefer BAM/BN who can walk the walk.