How to pronounce "REIT?"

[stilts1007]

Long-time reader, first-time poster, with a silly question
As most of my finance research has come from either online or books, just curious how one would say "REIT" in conversation. Would I say each letter individually, i.e. R-E-I-T? Reet? Rite? Should be an easy answer for someone who interacts with humans in person.

[Mel Lindauer]

REET, as in BEET.

[stilts1007]

Asked and answered- thanks

[Default User BR]

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)

[livesoft]

The OP must not be watching CNBC.

[Kevin21]

The OP must not be watching CNBC.

I usually say "Right" or spell out R_E_I_T.

Guess I need to watch more CNBC

[porcupine]

The OP must not be watching CNBC.

Of all folks watching CNBC ... et tu?!

[SpringMan]

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

[porcupine]

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

You should have ended it with...

"If you own one, I'll tax your REIT!"

- Porcupine

[kenschmidt]

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)

The "honey" at the end really brings this one to life!

[Don Christy]

If you hold taxable, I'll tax your REIT,

'cause I'm the Taxman...

[Toons]

Nice site for word pronunciation

http://www.howjsay.com/index.php?word=j ... mit=Submit

[555]

" I usually say "Right" or spell out R_E_I_T. "

You pronounce it "REIT".

[livesoft]

The OP must not be watching CNBC.

Of all folks watching CNBC ... et tu?!

For the record, I do not have cable TV at home and I do not watch CNBC.

[stilts1007]

No cable for me either, I spent my cable find paying taxes on my REET/RIGHT/R-E-I-T fund. I overanalyze investing enough as it is without adding Jim Cramer's thoughts into the mix.

[Duckie]

Nice site for word pronunciation

http://www.howjsay.com/index.php?word=r ... mit=Submit

The voice seems british and to me it sounded more like "rate".

[baw703916]

One could imagine a very unfortunate conversation:

First Person: I think the best addition to my taxable account would be a REET.
Second Person: RITE.
First Person: Thanks for confirming that.

[smiley]

what is this CNBC you all speak of?

[Karl]

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]

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.

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.

[Karl]

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.

I'm not an expert on accounting either. I have a degree in finance in part because accounting is both difficult & really boring.

When making investment decisions a list of asset classes showing which have had the most money flowing into or out of them would be something I'd find very helpful. I much prefer to buy that which is unloved.

As for rebalancing, the other week I finally dumped the modest amount of HY Corp I still had left. It had once been a favorite of mine, though after a huge run up (topping stock returns over the last decade) and a yield down to 4.4% I felt it wasn't worth holding any longer given the risk presented by both lower credit quality and intermediate duration. The fact that HY Corp has been closed since last May also suggested it was a hot fund worthy of dumping. As a Flagship client I get the great privilege of being able to buy such closed funds, though I can't think of any reason I'd want to.

[porcupine]

what is this CNBC you all speak of?

Canadian National Broadcasting Company

- Porcupine

[LadyGeek]

The OP has enough guidance on the pronunciation, this thread has run its course and is locked (no added value). See: Forum Policy

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