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Pastimes : JESUS and FINANCIAL FREEDOM
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To: yard_man who wrote (1122)5/2/1999 4:42:00 PM
From: gregor  Read Replies (1) of 1283
 
>>>Do you think REITs would be hit in a recessionary environment which dropped the price of real estate?<<

Absolutely not, long term bonds would be the best in that situation, high yield bonds would go up in smoke in that environment also. Every Vanguard fund that I follow was down Friday with the exception of precious metals and REIT's.

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