Back in February I was asked about commercial property and if I would buy it and I said no. The reason for that was because I believed that REITs would outperform them. A REIT (real estate investment trust) in very simple terms buys real estate. Its main advantage (or disadvantage) is that it is effectively a share and that share can trade at a discount to the asset it holds. http://bit.ly/ceU2T3
Tuesday, February 23, 2010
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