SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend -- Ignore unavailable to you. Want to Upgrade?


To: J Gunn who wrote (1614)11/21/1999 4:56:00 AM
From: KW Wingman  Read Replies (1) | Respond to of 2561
 
I don't have a full service broker (use fido). Had full service long ago but they cost me a lot of money I figure. In your case, it appears that the broker failed to communicate with you to find out what your expectations were. REITs are (were?) still in a downtrend so he should not have put you into the stock if he did not make it clear that it was in a downtrend. He did put you into a good value stock in my opinion. It will take time to realize the value.

The payout rate is not warranted but must by law payout at least 98% NOI. Someone please correct me if I am wrong about this.

note that FFO is higher that NOI

Regards,

Wingman