mREITs, what's your opinion?
People are always looking for return and mortgage REITS definitely fit that bill with dividends greater than 10%. However, I'm always dubious about any investment with such a large return as I figure it must go along with lots of risk and obviously the risk with mREITs is all the borrowing used to generate the dividends. So do you have to be a market timer to even consider them? or just a gambler?
__________________
“So we beat on, boats against the current, borne back ceaselessly into the past.”
Current AA: 75% Equity Funds / 15% Bonds / 5% Stable Value /2% Cash / 3% TIAA Traditional
Retired Mar 2014 at age 52, target WR: 0.0%,
Income from pension and rent
|