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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: John Pitera who wrote (1610)5/20/1999 7:14:00 PM
From: Henry Volquardsen  Read Replies (1) of 3536
 
Hi John,

Personally I liked REITs a lot better about two months ago. They've had a nice run up recently. That said I like having a portion of my own portfolio in good quality REITs and think they are a good value in the longer term. I'm not familiar with CEI.

I'm hesitant to mention specific equities on this thread. But for yield oriented accounts there are two issues that I own that aren't widely known.

The first is Allied Capital (ALLC). They are a small business lender. Very good at credit analysis. With a long history of raising dividends. They get a kicker to their lending by doing deals with warrants attached and other equity kickers. Definitely not a stock that is going to double by December but they have a comfortable, stable current yield and a slowly rising stock price (over a long term perspective).

The other is Carey Diversified (CDC). THey do what is called triple net leasing. Not very sexy but pretty low risk. High yield that should rise slowly over time. Again not a high flyer but the yield appears pretty secure.

I mention these two because that is where I have my 'yield' money invested. Look into them yourself before even mentioning them to anyone else.
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