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i have an un-traded reit and they work best in taxable accounts. unlike publicly traded reits you get to take a real depreciation write off against the dividends. they call it a return of capital but it works out to only 85% of the 8.5% dividend being taxable
i look at say a 50/50 mix as being 50% stock and 50% everything else. the old 50 stock/50 bonds is obsolete. new asset classes like bonds, reits, commodities, currancys etc have expanded out the definition for most of us. within the frame work of all my asset classes i work out the time frame of my buckets of spending money and how long before i need it determines what investment goes in what bucket
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