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Strategies & Market Trends : Value Investing

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To: Dale Baker who wrote (16317)1/30/2003 12:57:17 PM
From: MCsweet  Read Replies (1) of 78534
 
Mortgage REITs

Mortgage REITs, particularly ones selling above book value, will be extremely risky if/when interest rates rise. Look at what happened to these a few years ago (say look at your recommendation NFI between 1998 and 2000).

You should really do your homework before investing in these.

MC
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