SpringMan wrote:From the Beatles Taxman
If you drive a car, I'll tax the street,
If you try to sit, I'll tax your seat.
If you get too cold I'll tax the heat,
If you take a walk, I'll tax your feet.
Rhymes with REIT
Default User BR wrote:Like:
All reet! All reet!
So jeet your seet,
Be fleet be fleet,
Cool and discreet, honey.
Brian (and the thermometer registers 38 degrees fondly Fahrenheit)
porcupine wrote:livesoft wrote:The OP must not be watching CNBC.
Of all folks watching CNBC ... et tu?!
Toons wrote:Nice site for word pronunciation
http://www.howjsay.com/index.php?word=r ... mit=Submit
Karl wrote:I know how to pronounce it, but have been have been dealing with a more challenging question: what to do with it?
Look at the P/E on it -- sky high. Note how it's outperformed other asset classes, perhaps being chased by folks looking for yield. Is it over-valued (or highly-valued if you prefer)? Yesterday I sold off a bit more REIT Index, moving the money to Total International which has been a relative laggard.
baw703916 wrote:There have been a few threads pointing out that P/E is an inappropriate metric for REITs. I'm not an expert on the accounting issues, so can't add any meaningful comments. Rebalancing is usually a good thing.
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