Search found 294 matches

by spdoublebass
Wed Jan 17, 2018 2:50 pm
Forum: Investing - Theory, News & General
Topic: Best Index to follow Global Bond Market
Replies: 3
Views: 210

Re: Best Index to follow Global Bond Market

With equities, ETF: VT (Global Market) covers VTI (Total US) and VXUS (Total Int). I am not sure about bonds, BND (US) and BNDX (Int) are good enough for me. I think even just US Stocks and Bonds are "good enough" for most people. Thanks for the reply. As I stated in the OP, I’m not talking about i...
by spdoublebass
Wed Jan 17, 2018 2:36 pm
Forum: Investing - Theory, News & General
Topic: Best Index to follow Global Bond Market
Replies: 3
Views: 210

Best Index to follow Global Bond Market

I want to know what bond index is the best to track the Global Bond market in a general sense. I say general because I know each index excludes certain bonds. Through reading this forum I have come across a few ways of following this market. One way is through William Sharpe's Market Portfolio. In R...
by spdoublebass
Wed Jan 17, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 42
Views: 2412

Re: Do people in the forum hold foreign bonds?

FMNIX, Fidelity New Markets Income, is an emerging markets bond mutual fund that has existed for long enough to show what happened in 1998. Source https://imgur.com/lbW2oNp.png That is a -40% percent drop. In six months. In a "bond" fund. Just curious, is there an Emerging Markets Gov Bond index fu...
by spdoublebass
Sun Jan 14, 2018 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: VT Total World Stock ETF and the Foreign Tax Credit Pinch Out
Replies: 12
Views: 1569

Re: VT Total World Stock ETF and the Foreign Tax Credit Pinch Out

turnover % Do you know what's driving the high turnover percentage? For a passive fund like this I would have expected a much lower percentage. The prospectus is showing 15% turnover in 2016 on $6B of assets (nearly $1B of churn). The average annual turnover for the last five years has been 11.4%. ...
by spdoublebass
Sun Jan 14, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: More Funds More Rebalancing Opportunities?
Replies: 14
Views: 719

Re: More Funds More Rebalancing Opportunities?

I should perhaps apologize for asking a snarky question instead of offering the observation that: Rebalancing is not an opportunity but rather a chore. The function of rebalancing is to keep the asset allocation where it is intended. A great benefit of a total stock market fund is that the distribu...
by spdoublebass
Sun Jan 14, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: More Funds More Rebalancing Opportunities?
Replies: 14
Views: 719

Re: More Funds More Rebalancing Opportunities?

Why do you think rebalancing is an opportunity? I'm sorry I used a trigger phrase or word. I think you know what I mean. I didn't realize that SCV moved that differently from TSM those years. I thought they were much more correlated. What I think you mean is that there is some sort of tactic out th...
by spdoublebass
Sun Jan 14, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: More Funds More Rebalancing Opportunities?
Replies: 14
Views: 719

Re: More Funds More Rebalancing Opportunities?

dbr wrote:
Sun Jan 14, 2018 10:12 am
Why do you think rebalancing is an opportunity?
I'm sorry I used a trigger phrase or word.

I think you know what I mean. I didn't realize that SCV moved that differently from TSM those years. I thought they were much more correlated.
by spdoublebass
Thu Jan 11, 2018 1:36 am
Forum: Investing - Help with Personal Investments
Topic: VT Total World Stock ETF and the Foreign Tax Credit Pinch Out
Replies: 12
Views: 1569

Re: VT Total World Stock ETF and the Foreign Tax Credit Pinch Out

Indeed. I specifically remember one member here recommending a combo of total stock market along with VT for the international portion. It doesn't make any sense at all at that point, since already holding two funds. Keep international total international for taxable accounts! I hold VT, but I don'...
by spdoublebass
Wed Jan 10, 2018 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Interm. Invest-Grade vs. Interm. Corp Index
Replies: 2
Views: 180

Re: Interm. Invest-Grade vs. Interm. Corp Index

I'm not an advanced investor don't place any weight in my response. I think that the Intermediate Investment Grade fund in Actively managed. The Intermediate term corporate bond in an Index. This fund has lower ER but does have a purchase fee if I remember correctly. The ETF version of this fund, VC...
by spdoublebass
Wed Jan 10, 2018 8:32 pm
Forum: Investing - Theory, News & General
Topic: Corporate bonds vs. Treasuries
Replies: 52
Views: 4154

Re: Corporate bonds vs. Treasuries

This thread seems to have gone off the rails as it was originally about Treasuries vs Corporates, not bonds vs equities. I have had the same idea at OP and at some point plan to tilt toward Treasuries. I did some backtesting and found not only Treasuries but specifically long term Treasuries when p...
by spdoublebass
Tue Jan 09, 2018 9:53 pm
Forum: Investing - Theory, News & General
Topic: More Funds More Rebalancing Opportunities?
Replies: 14
Views: 719

More Funds More Rebalancing Opportunities?

TSM was -10.57% in 2000 and -10.97% in 2001. Those same years SCV was up 21.88% and 13.70%. I know I'm selectively picking two years, but when I see that data it makes me want to hold some SCV to be able to rebalance into TSM/Internatioal. Is this rational? or does this not matter in the long run? F...
by spdoublebass
Tue Jan 09, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: How crucial are Admiral shares?
Replies: 6
Views: 1449

Re: How crucial are Admiral shares?

Search the forum for pros/cons of each provider for solo/individual 401K's. There are many threads. Every person has a different situation, so keep that in mind. Vanguard offers a Roth Solo 401K option that others do not...but again, for some people they have no need for this option. I went with Van...
by spdoublebass
Sun Jan 07, 2018 5:41 pm
Forum: Investing - Theory, News & General
Topic: Long Term Bonds as Alternative Asset Class (Not Fixed Income)
Replies: 11
Views: 904

Re: Long Term Bonds as Alternative Asset Class (Not Fixed Income)

I am not as well versed as others so don't give my opinion too much weight. I've thought about LT bonds a lot. I just can't seem to come up with a way to make them work. You are right, they would not be part of the Boglehead approach to why we hold bonds. That would mean that they would count as par...
by spdoublebass
Sun Jan 07, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: Question about Data on JP Morgan Bond Chart
Replies: 2
Views: 167

Re: Question about Data on JP Morgan Bond Chart

Not all data series are that up to date, as in it takes time to gather all the data, or some sources don't allow others to publish the most recent updates. I notice that in JPM's 2017Q4 guide, it lists data for the end of 2017Q1, and for the 2017Q3 guide, it lists data for the end of 2016Q4: half a...
by spdoublebass
Sun Jan 07, 2018 3:25 pm
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Fund Choice
Replies: 18
Views: 2069

Re: Emerging Market Bond Fund Choice

Just to be clear:

VEGBX/VEMBX= Is an emerging market bond fund made up of corporate bonds. This fund does not hold Government bonds.

VWOB/VGAVX= is emerging market Government Bonds only.



I read the overview and breakdown at Vanguard, but it just lists them both as foreign.
by spdoublebass
Sun Jan 07, 2018 12:47 am
Forum: Investing - Theory, News & General
Topic: Question about Data on JP Morgan Bond Chart
Replies: 2
Views: 167

Question about Data on JP Morgan Bond Chart

I like to follow what market weight of stocks and bonds are through the quarters of the year. Not investing this way, I just follow it. JP Morgan Guide to the Markets released its new data found here: https://am.jpmorgan.com/blob-gim/1383407651970/83456/MI-GTM_1Q18_1.pdf?segment=AMERICAS_US_ADV&loca...
by spdoublebass
Sat Jan 06, 2018 11:51 pm
Forum: Investing - Theory, News & General
Topic: Morningstar Premium for $99
Replies: 33
Views: 2710

Re: Morningstar Premium for $99

You can use Xray and Chart any fund for free, what do you get beyond that? That's all I ever really needed. I was always curious what else there is, but never signed up for a free trial.
by spdoublebass
Sat Jan 06, 2018 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA traditional is compounded daily, but not at the displayed crediting rate
Replies: 25
Views: 935

Re: TIAA traditional is compounded daily, but not at the displayed crediting rate

Thank you all. Very helpful. Sorry for being a little slow.

I like the fund because it guarantees a rate. Unless I'm missing something, I think it kind of works (for me anyway) better than a st bond fund. Although, VCSH (st corporate bond) could do better at times.
by spdoublebass
Sat Jan 06, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA traditional is compounded daily, but not at the displayed crediting rate
Replies: 25
Views: 935

Re: TIAA traditional is compounded daily, but not at the displayed crediting rate

Yes, you all can now explain APY and APR to livesoft. Thanks. I guess that with a bond fund, the SEC yield is not an APY, while with an Ally savings account, the expressed interest rate is APY. TIAA traditional is neither a bond fund nor a savings account, so I'm not sure what I expected. I'm still...
by spdoublebass
Sat Jan 06, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA traditional is compounded daily, but not at the displayed crediting rate
Replies: 25
Views: 935

Re: TIAA traditional is simple interest, not compounded

Tiaa states: TIAA Traditional Annuity accumulations are credited with interest based on when contributions and transfers are received, and your performance will reflect your pattern of contributions. The returns shown in the table reasonably represent what an individual making level monthly premiums...
by spdoublebass
Sat Jan 06, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA traditional is compounded daily, but not at the displayed crediting rate
Replies: 25
Views: 935

Re: TIAA traditional is simple interest, not compounded

I have a little in this fund. I've always been confused by it. For my question I'm going to use easy small figures. Are you saying that say you have $1000 in TIAA Trad. with a guaranteed 3%. (I know I read your's is a little more, but doesn't matter for this example). The 3% is over 12 months. So 1/...
by spdoublebass
Sat Jan 06, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Gambling vs Investing
Replies: 23
Views: 1856

Re: Gambling vs Investing

Usually when people debate what to call something a resolution can be had by defining the terms at issue and seeing what comes out. This is very true. You need to define what each are for yourself. I follow horses (thoroughbred racetrack) closely. Full discloser, I probably bet under $50 a year. If...
by spdoublebass
Thu Jan 04, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Trying to understand opening and current ETF prices. (Not why did my fund suddenly drop in value)
Replies: 4
Views: 353

Re: Trying to understand opening and current ETF prices. (Not why did my fund suddenly drop in value)

Another issue, while it doesn't apply here: if the ETF paid a dividend, the daily change will be adjusted. If an ETF closed yesterday at $50, paid a $1 dividend, and is now trading at $49.30, it will report an increase of $0.30; if you held it yesterday, you are $0.30 ahead since you have a share w...
by spdoublebass
Wed Jan 03, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: Trying to understand opening and current ETF prices. (Not why did my fund suddenly drop in value)
Replies: 4
Views: 353

Re: Trying to understand opening and current ETF prices. (Not why did my fund suddenly drop in value)

triceratop wrote:
Wed Jan 03, 2018 10:58 am
The 0-mark is not the open, but the previous market day's close (possibly adjusted for dividend). BND closed yesterday at $81.34.
Thank you for this info. I swear I googled this before I posted my question.

This makes perfect sense.
by spdoublebass
Wed Jan 03, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: Trying to understand opening and current ETF prices. (Not why did my fund suddenly drop in value)
Replies: 4
Views: 353

Trying to understand opening and current ETF prices. (Not why did my fund suddenly drop in value)

Take BND (total bond ETF) for example. When I look at its opening price (for today) it’s listed as $81.43 However, its current price is $81.33. The +/- says 0. So if I’m reading this correctly, it’s saying the price hasn’t moved, but it has....its down 10 cents from the opening price. What am I miss...
by spdoublebass
Mon Jan 01, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 222
Views: 37289

Re: Bonds - Throw it all on the table!!!

I am curious how many Bogleheads simply use only one bond fund and have no need for any additional funds or complexity. I think I replied to a different thread, but here it is again anyway. I use two funds for stocks, so mentally, adding complexity to my bond funds help me not tinker with my stock ...
by spdoublebass
Thu Dec 28, 2017 2:11 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 17241

Re: Buying Real Silver and Gold (Not Bitcoin)

To each their own, I'm not knocking what anyone decides to do, but for me I think you have to watch the overhead. Silver could go up, or it could go down. As mentioned above it doesn't pay a dividend. I don't know why, but I do pay attention to the price of Silver and Gold. What I've noticed is that...
by spdoublebass
Fri Dec 22, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: Invest equally in stock, bonds, and REITs (US & International)
Replies: 11
Views: 980

Re: Invest equally in stock, bonds, and REITs (US & International)

This has been described as the Talmud Portfolio. I copied this from The White Coat Investors “150 portfolios that are better than yours” article. Portfolio 53: The Talmud Portfolio 1/3 Vanguard Total Stock Market Index Fund 1/3 Vanguard REIT Index Fund 1/3 Vanguard Total Bond Market Index Fund Appa...
by spdoublebass
Fri Dec 22, 2017 5:19 am
Forum: Investing - Theory, News & General
Topic: Invest equally in stock, bonds, and REITs (US & International)
Replies: 11
Views: 980

Re: Invest equally in stock, bonds, and REITs (US & International)

This has been described as the Talmud Portfolio. I copied this from The White Coat Investors “150 portfolios that are better than yours” article. Portfolio 53: The Talmud Portfolio 1/3 Vanguard Total Stock Market Index Fund 1/3 Vanguard REIT Index Fund 1/3 Vanguard Total Bond Market Index Fund Appar...
by spdoublebass
Fri Dec 22, 2017 1:29 am
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 17241

Re: Buying Real Silver and Gold (Not Bitcoin)

LOCAL COIN SHOP Spot = 16.26 ITEM WE BUY WE SELL SPREAD Silver Eagles 16.76 19.76 3.00 Maple Leafs 16.26 19.01 2.75 1 oz Silver Round 15.51 17.51 2.00 Silver Eagles sell at $3.50 over spot and buy back at $0.50 over spot. Maples Leafs sell at $2.75 over spot and buy back at $0.00 over spot. Generic...
by spdoublebass
Thu Dec 21, 2017 9:32 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 17241

Re: Buying Real Silver and Gold (Not Bitcoin)

What I don't understand about gold and silver is what is an acceptable price to pay over spot? I read on these posts about the pros and cons of buying online vs in a store, but nobody says exactly what a good price is.... Today silvers spot price is $16.23 an oz., how much more then that should one ...
by spdoublebass
Wed Dec 20, 2017 10:25 pm
Forum: Investing - Theory, News & General
Topic: The proper bond allocation
Replies: 30
Views: 4191

Re: The proper bond allocation

The Morgan Stanley guide to market is out, and brings an interesting data fact: How to properly weight your bond allocation!! US 38.9% Developed ex-US 41.7% Emerging 19.4% Given that BNDX has this allocation: 3.80% Emerging Markets 55.70% Europe 28.10% Pacific 0.30% Middle East 8.30% North America ...
by spdoublebass
Mon Dec 18, 2017 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Converting Individual Roth 401k to Roth IRA
Replies: 8
Views: 620

Re: Converting Individual Roth 401k to Roth IRA

I do not have an answer to your question, but you there is also this to consider. You didn't list the amounts or which funds you were dealing with, so I'm picking random things. Vanguard only lets you use investor share class of their funds and they also charge you $20 per fund unless you have $50K ...
by spdoublebass
Fri Dec 15, 2017 3:58 pm
Forum: Investing - Theory, News & General
Topic: Dividend Clarification
Replies: 12
Views: 607

Re: Dividend Clarification

VTI and VYM are not interchangeable. VYM carries much more concentrated positions in large "value" stocks than VTI. VYM also 'yields' nearly 63% more than VTI, 2.85% v. 1.76%. Any dividend pursuit strategy would be fundamentally different than a 3 fund strategy where the 3 are US stock, Internation...
by spdoublebass
Fri Dec 15, 2017 3:51 pm
Forum: Investing - Theory, News & General
Topic: What is total return vs. dividend investing?
Replies: 85
Views: 10128

Re: What is total return vs. dividend investing?

(lunch time) spdoublebass, In the accumulation stage most people like to use the TSM for a couple of reasons. It is more diversified & more tax friendly, in the accumulation stage (it's a growth fund). The High Dividend Yield Index fund in the accumulation stage is not as diversfied (405 stocks vs....
by spdoublebass
Fri Dec 15, 2017 2:47 pm
Forum: Investing - Theory, News & General
Topic: Dividend Clarification
Replies: 12
Views: 607

Re: Dividend Clarification

A quick stab at this. First, let me get on my soapbox... 1. Focus on Total Returns. Its viewpoint is logical and internally consistent. Focusing on Dividend Returns is alluring because it seems simple. However it contains hidden flaws that will blow up in your face in times of crisis. I do focus on...
by spdoublebass
Fri Dec 15, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: Dividend Clarification
Replies: 12
Views: 607

Re: Dividend Clarification

Let me throw this out there: If both the total return investor and the dividend investor are invested in VTI, then they both get the dividend of VTI no matter what. Total Return investor takes the dividend money and buys more shares with it (reinvests the dividend). Income investors takes the divid...
by spdoublebass
Fri Dec 15, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: Dividend Clarification
Replies: 12
Views: 607

Dividend Clarification

I've been paying attention to the many threads on this forum about dividends. I need some clarification on a few things. When I read these different posts, it's hard to sort through fact from opinion. For questions/examples VTI=TSM, VYM=High Dividend Yield Index Fund, VIG=Dividend Growth Index Fund....
by spdoublebass
Fri Dec 15, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: What is total return vs. dividend investing?
Replies: 85
Views: 10128

Re: What is total return vs. dividend investing?

Justin, Think of it this way. You & I are retired. We both have a portfolio of $1 Million. I' am living off of the dividends/interest. Your selling off your portfolio. Which portfolio do you think is going to last longer? Snarlyjack I've been lurking on this thread. I have questions about this and ...
by spdoublebass
Tue Dec 12, 2017 4:06 pm
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 103
Views: 10158

Re: Small cap value vs. total market?

I've followed this thread and it has been very interesting. I do have a question, just to make sure I understand and I'm doing the math right. Discloser: relatively new investor, currently no tilt, I have nothing against tilting and find the evidence compelling. I will make up numbers just to keep t...
by spdoublebass
Sun Dec 10, 2017 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Total market vs Larry Portfolio
Replies: 44
Views: 4062

Re: Portfolio advice: Total market vs Larry Portfolio

I am not someone that should be giving any investment advice, so I won't. I will share what I found interesting. Take two different 90/10 portfolio's....one a two fund and one tilted to 10% of equities to SCV. Portfolio A= 90% TSM and 10% TBM Portfolio B= 81% TSM, 9% SCV, and 10% TBM Lets say the YT...
by spdoublebass
Fri Dec 08, 2017 5:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Expands Active Fixed Income Fund Lineup With Emerging Markets Bond Fund
Replies: 10
Views: 981

Re: Vanguard Expands Active Fixed Income Fund Lineup With Emerging Markets Bond Fund

Anyone know what slice of the market portfolio emerging market bonds account for? Back around June it was: US 38.9% (BND) Developed ex-US 41.7% (BNDX) Emerging 19.4% (VWOB) I don't know what EM bond vs Gov ratio would be. Others probably do. That brings up an interesting point. Do those that like m...
by spdoublebass
Fri Dec 08, 2017 1:01 am
Forum: Investing - Theory, News & General
Topic: Vanguard Expands Active Fixed Income Fund Lineup With Emerging Markets Bond Fund
Replies: 10
Views: 981

Re: Vanguard Expands Active Fixed Income Fund Lineup With Emerging Markets Bond Fund

teigers wrote:
Thu Dec 07, 2017 3:02 pm
Anyone know what slice of the market portfolio emerging market bonds account for?
Back around June it was:
US 38.9% (BND)
Developed ex-US 41.7% (BNDX)
Emerging 19.4% (VWOB)

I don't know what EM bond vs Gov ratio would be. Others probably do.
by spdoublebass
Mon Dec 04, 2017 3:44 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 184
Views: 12955

Re: One answer to the Dividend stocks puzzle from behavioral finance

Thanks for this thread Livesoft. I find the excerpts in the book really interesting. I want to order it. As mentioned above, about how you are introduced to investing, I agree that this stays with you. I had many preconceived "truths" passed on to me that this forum has helped me overcome. I am stil...
by spdoublebass
Sun Dec 03, 2017 4:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Corporate Bond ETF (VTC)
Replies: 18
Views: 2596

Re: Vanguard Total Corporate Bond ETF (VTC)

I have repeatedly considered VFIDX in lieu of my separate stakes in VSIGX (intermediate treasuries) and VICSX (intermediate corporates), but I just can't miss how VFIDX performed in 2008-9 when it might would have been needed for rebalancing. So every time I consider it, I end up deciding to keep t...
by spdoublebass
Sun Dec 03, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Corporate Bond ETF (VTC)
Replies: 18
Views: 2596

Re: Vanguard Total Corporate Bond ETF (VTC)

The point being that when interest rates go up the home owner tends to not move or refinance and the duration increases which extends the maturity just when the price of the MBS goes down. The opposite applies when interest rates go down. This amounts to a "free" put or call on the part of the borr...
by spdoublebass
Sat Dec 02, 2017 9:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Corporate Bond ETF (VTC)
Replies: 18
Views: 2596

Re: Vanguard Total Corporate Bond ETF (VTC)

posts above this are 2+ weeks old === bumping old thread with new info === Looks like the portfolio composition, which people have been wondering and asking about, is not yet available on Vanguard's site or Morningstar, though I did see it elsewhere. VCSH Vanguard Short-Term Corporate Bond ETF 37.5...
by spdoublebass
Sat Dec 02, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 142
Views: 13687

Re: Bonds Are Riskier Than People Think

I trying to understand. If I put $1000 on January 1 into a 5 year CD yielding 2.5% a year. What would I get at the end of the five years. If I put the same $1000 in a short term government bond fund starting January 1 (yield 1.8%) and interest rates goes up 0.5% a year what would I get if I close t...
by spdoublebass
Wed Nov 29, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: Is there any reason to invest in real estate?
Replies: 98
Views: 7852

Re: Is there any reason to invest in real estate?

As some famous person said (paraphrased), "If you want to invest in real estate, buy an REIT. REIT's never call you up in the middle of the night because their toilet isn't working." Come on now TN :D Let's demolish this oft repeated 'Straw Man' (or 'Red Herring' if preferred) once and for all. If ...