What Did You Buy Today?

[Otter]

(04-22-2020, 03:37 PM)NilesMike Wrote: While I hold a full position in O at a good price level, I think REITs are going to be rough as we enter the new economy. Do not think it is lost on businesses that they can drastically reduce their brick and mortar operations and nary miss a beat.

There is going to be huge pressure on commercial and retail real estate values going forward.

Yes, but these REITs are priced as if those values are going to drop 50%. Same scenario with Dividend King/Aristocrat industrials, the handful of Aristocrat materials companies, and a number of financials. 50% off sales are nice. I doubt I will regret most of those purchases over a 5 year time horizon.