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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (10862)1/26/2012 2:03:22 PM
From: Grommit  Read Replies (1) | Respond to of 34328
 
Grommit, medicare or otherwise, do you really think as old people get older we're going to need less of what OHI provides?

I did not say that. It is like me asking you "do you really think that medicare rates will keep up with inflation and rising costs?" Duh, of course not. My only point was that there are risks here, and there many other reits do not face those risks and have the same metrics. That's it.

I used to own OHI but sold out at around $22+ last year and moved my money elsewhere. Your buys at $15 were very well timed, but most reits were also low at that time. Any purchase would have turned out well timed. (I converted some low priced IRA reits to Roth IRA reits at that time. OHI will prob be a very nice investment. As was pointed out, they are insulated from direct exposure to medicare. Their metrics are good. Other reits have the same metrics and no medicare exposure.