I'm a new guy and I found this site by googling "non-traded REIT's. I'm a long term investor off and on of traded REIT's and have done very well with them over the past 12 years. I am also a fan of Lucia's buckets of money strategy but I have been very sceptical of his touting of non-traded...
Arends article is interesting and supports Mohamed El-Erian's (PIMCO) concept of the "New Normal" which was profiled in a 16 August, 2010 article in the "money" section of the USA Today: "The Post-financial-crisis world will yield lower investment returns, slower economic growth and higher odds...