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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Terry D who wrote (110715)1/23/2008 12:26:25 PM
From: Kerry Phineas  Respond to of 132070
 
I think I'm going to wait on the REITs in general, although I did buy a very small amount of AHR (Anthracite capital), basically a security REIT. I actually read their SEC filing and thought they seemed intelligent. Their risk is credit risk (they hedged out interest risk), although they passed on all risk for about 25%(?) of their portfolio. Maybe 20% of their portfolio is global. My mom says that Blackrock is good, and they're externally managed by Blackrock.