Skeptical Ben

Contrarians: Time to Ditch Gold, Look at REITs

Kelm pointed out the article would be more salient if actual examples worth investing in were indicated, I got the impression GGP was a sucker bet. REITs have to distribute their profits so they can't stockpile cash without stockpiling debt. The REITs to buy are those that didn't buy much in the last 3 years, have still positive cash flows which aren't declining so much they can't buy back their own deeply discounted debt, as most REITs' bonds are mega cheap now. I've doubled down on NRF, they are trading as if they are bankrupt, they pay a 40% dividend at its pitiful $2 per share trading price, as they continue their policy of buying their own bond issues at 40 cents on the dollar. Hedge funds selling off REITs and short sellers have trashed this neat little REIT, and if you were going to invest in a few REITs with expectations the big winners will offset the bankrupt losers for big gains, this is a worthy candidate.