I agree with what you say. Have a list of about 30 REITs & similar (incl the ones you mention) which I'm looking at or already hold.
Have had a #all tearing time day trading many of them over the last couple of months and whilst its been very profitable I now wish I'd just bought and held and I'm starting to think about doing just that.
Are they really that risky (at current prices). Maybe one or two will fold but surely the vast majority will double/treble/quadruple in price?. I.e. buy 30 or so and 25 will double or more while maybe 5 will fold.
How many have actually folded in the last 6m?. Is there more trouble on the horizon or is the panic over?
Very interested in your thoughts.
Regards
MOF Price at posting:
18.5¢ Sentiment: Buy Disclosure: Not Held