What Did You Buy Today?

[fenders53]

(04-23-2020, 10:08 AM)stockguru Wrote:

(04-23-2020, 10:00 AM)fenders53 Wrote: Any suggestions on high quality REITs to research.  Say I want to own three and diversify.  I am stuck with WELL for now.    Was considering O on a bit more dip.  So how about the third one?  I realize REITs trade together generally.  I just don't want to own the equivalent of "GM and F" if that makes sense.

Well buy the A rated Reits...

SPG, PSA are both rated A
O, CPT, FRT, AVB, EQR, PSB, BXP and PLD are all rated A -

I think this is a great sector to buy in. You buy them now while they are left for dead

O you buy some now and a little more at $45 or under

Thanks.  I will check them out.  I took the O ride from about 40 to 48+.  I won't wait around for $38.50.  You know how I am lol.  I do want minimal overlap with the third one or I'd just buy more O.  Half the market may see a credit downgrade (or at least deserve one), so best to start high.

I think I will sell O and FRT puts for now. I do agree with Mike that there is some risk here, but they are down from highs a little farther than I realized.