Ann-
I should have gotten on the FLA train Monday after I spent all day Saturday chewing on various real estate plays--FLA, SJP, TRC, & TPL. With the market in the stratosphere, I would like some stocks with a ground floor/bedrock such as SJP & FLA's Florida real estate.
My conclusion was FLA was best for my IRA, since I already have some SJP in another account.
I glanced at your "recent posts" page and saw we have a thing or two in common. I have been in Lowe's (LOW) for 6 or 8 months and it remains a good one. I'm not in Ascend but I am in Cisco, not because I can differentiate Cisco vs. others, but I do a lot of basic network installation work and that boom clearly has a long way to go. Cisco is the gorilla here, though you probably have other (better) ideas.
Most of my 15 or so other stocks are things I know much better than Cisco. I do industrial automation work, and some I like are DSTM, NATI, and MORP, though I only own DSTM now (hard to pay the asking price on most stocks these days).
Yep, we should get an FLA board going. It sure is an interesting company, and the RR is a unique franchise, well run and well positioned. I'd love to hear more from people with specific knowledge.
Anyhow, I think FLA will serve you well and I'll jump in as soon as my fear of (market) heights recedes a bit. Good to chat and would enjoy hearing any ideas you have.
Good investing and kind regards,
Wright |
