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The level of hatred of gold by some is the polar/extreme opposite of how they view gold bugs' love of it. I like REITs (in some cases a lot and some specific sectors not much), but I agree with your comment.
Reply to @hank: As for the Blackstones of the world buying up rentals, I think the situation kind of starts to take care of itself - you see in the article regarding Oaktree (which I own) getting skeptical and backing away.
Hi Hank. I traded my smallish holding of TGLDX and for CSRSX last year. Since then the PM/miners fund is down ~30%. The REIT fund up ~15%. Reits my be volitle, but nothing like the volitility of miners. They'll have their day in the sun again, but they're to hot for me to handle.
Reply to @MikeM: There are some lower-key REITs as well. ROIC (Retail Opportunity Investments Corp) is one that I mentioned on here as being more defensive a few months back and it's up nicely. A number of the health care REITs also continue to do well. I also continue to like the triple net REITs (such as WP Carey and Reality Income)
Comments
http://individual.troweprice.com/gcFiles/pdf/arraf.pdf
I do have small very long term positions in VIPSX and TGLDX. I am not adding to either any more.
I just don't get what PRAFX is doing.
online.barrons.com/article/SB50001424052748703591404578453020304813236.html?mod=BOL_hpp_emc#printMode