/biz/ - Business & Finance

[Anonymous No.19742358]

Enough with your faggot coins. What's your opinion on REITs?

[Anonymous No.19742361]

>>19742358
The wiggles?

[Anonymous No.19742369]

>>19742361
The wiggles.

[Anonymous No.19742398]

>>19742358
They're good investments for those who don't want to be responsible for the ownership and management of their own real estate. I own some but also own a couple of rental properties.

t. O

[Anonymous No.19742462]

>>19742398
What do you think about investing heavily into them in today's climate? Good or bad idea? I've been investing nearly all my income into stocks especially those ones. I would also do real estate but considering I'm 19, I don't necessarily have the capital, and I want to get all the dumb shit like buying cars, etc. out of my system now rather than later.

[Anonymous No.19742888]

>>19742462
Look man. Every market is overvalued at the moment. Real estate and marketable securities are going to correct heavily but no one know when. If you aren't dollar cost averaging your investments and thinking in a long time frame of 20 years + I don't know how to help you or what to tell you.

[Anonymous No.19743029]

>>19742888
I get the long term thing, but I think this current world scenario is an exception, don't you think? If it was business as usual, I would put the money in and not touch it until decades later, but for now, it seems like an easy way to make some quick cash, especially if the market balances out entirely in a year or two max. I've already made $900 in returns which is pretty good considering I've only invested ~$1400.

[Anonymous No.19743251]

>>19743029
My friend, if you really believe things will go back to normal putting your money into REITs will be foolish. You stand to more than double your money with many other stocks if things return.

Look into all the COVID stocks that plummeted in March. Hint: airlines, cruises, hospitality

[Anonymous No.19743332]

>>19742462
Your a fucking retard if you buy an expensive car

[Anonymous No.19743368]

>>19743029
> “I've only invested ~$1400“

Listen carefully. The amount you have is peanuts. Any investment you make will make little material difference, as even a triple won’t get you to 5k. So don’t waste too much time in the markets — just view what you’re doing as dipping your toes into financial literacy, with this being your initial foray into the markets.

Instead, continue to focus on investing in yourself. In your education and skills particularly. At less than 5k, investments of time and money into yourself will return you MAGNITUDES more than what you’ll reasonably earn in the markets.

Education is a high form of leverage.
Skills are another. If you can buy something, add value to it, then sell, and you’ll return much more than you would in the markets.

[Anonymous No.19743372]

>>19742888
>Look man. Every market is overvalued at the moment. Real estate and marketable securities are going to correct heavily

[Anonymous No.19743654]

>>19743368
Yeah I get what you're saying, what you need to understand is that I'm not losing sleep over investments, I would rather save the income I'm earning and put them into investments instead of having my money do nothing.

>>19743332
I understand buying an expensive car is retarded, but I want to get it out of my system and then I'll be done with cars. I will have a hefty down payment anyway to put towards it I imagine as I already own a ~$13,500 car and I imagine I'll have anywhere between $10-$20k when it comes time to buy that car. A giant waste of money, trust me, I know, but at least then I can say I have a nice car, will only be financing ~$10k, and then I will save my money for a greater purpose from then onward.

[Anonymous No.19743834]

>>19743654
>need to get it out of my system
That is some absolute normie tier shit. Go buy a 1999 Toyota, the point of a car is to get from A to B
>NGTMI

[Anonymous No.19743850]

>>19743654

[Anonymous No.19743864]

Does anybody have any resources for how to pick REIT's? I don't seem to get great info when I try to search

[Anonymous No.19743892]

>>19742358
Too many unknowns for commercial and residential.

High risk, highly taxed rewards (dividends)

[Anonymous No.19743954]

tax inefficient, don't see any reason to tilt into them beyond what's already there in total US stock

[Anonymous No.19744210]

>>19743654
you're wasting your time thinking about stocks and investing with that attitude, and I do mean wasting your time. come back to the markets when you've got your expensive toy buying for temporary status boosts "out of your system" as you put it. you have no money now and you won't after you buy, and even worse, finance, an expensive car. this isn't for you, you're the lowest kind of retail trader who got lucky during a unprecedented time in the markets. i don't mean you any disrespect, but real investing obviously isn't something you're truly interested in. go and do whatever does interest you, life's too short not to

[Anonymous No.19744239]

>>19744210
I don't understand what's wrong about my attitude. I'm not going to become a daytrader or something. When the markets are back to normal I will invest just like anyone else would, long term. The only issue I see with my attitude is the car, but other than that, trust me dude, I don't make any recreational purposes, I'm really good with my money, etc. The next step after the car is a house.

[Anonymous No.19744306]

>>19744239
fair enough, I just think that blowing that money on a car when you clearly recognize it's an expensive toy, AND you're aware of alternatives like investing is a loss of potential. but you do you, learn as much as you can and re-asses your goals and priorities every now and then. hope you make it

[Anonymous No.19744325]

>>19744306
Thanks anon.

[Anonymous No.19744896]

Reits have been amazing for me, I jumped in after the first big dip with 1500 and turned it into almost 10k after the market drop last week I put another 1500 in and picked up another 1000 shares of reml. I plan on holding long term, watch my 3k investment turn into 75k when it recovers paying me 15k a year in dividends. That’s a “free” 10% gain on my annual income not count the stock gain. Reits are the best place to park your money in the market right now. Almost all of the companies got dumped 75% and are still only trading at half their book value. To each there own. My only regret will be not buying more.

[Anonymous No.19744923]

>>19742358
liquidity trap

[schwab !YlqoGcQyeg No.19744984]

>>19742358
hey something I'm good at.

so on schwab (im sure with anything else) you can dig in the screener and in the real estate sector select REITS (cont)

[schwab !YlqoGcQyeg No.19745009]

>>19744984
usualy llurk in /o/ and /g/ but i guess you guys have auto id. ill keep mine tho just oldfag habit

anyway you can just sort through the reits for your fav valuation metrics. price to book is nice (get as far below 1 as possible)

[schwab !YlqoGcQyeg No.19745037]

>>19745009
usually if you're on 4chan someone smartre than you has done the work already, so you can just go to the sector page and find the outliers.

[schwab !YlqoGcQyeg No.19745058]

>>19745037
as any faggot can see, REITS as a whole are worse off than just buying an index fund or an index-tracking ETF.

[schwab !YlqoGcQyeg No.19745079]

>>19745058
you can sort by perfomance and thoguh the chinese virus has f'd the metrics, you can see the best performsers over the last 12 mons by just sorting. wish I could do 10yrs.

anyone know a screeneer that can sort sector performance over 10yrs?

[schwab !YlqoGcQyeg No.19745137]

>>19745079
so lets do sumthing lulzy and go to the WORST sector and try to find the best performer over the past month

[schwab !YlqoGcQyeg No.19745154]

>>19745137
dam bro room to grow! you could double your money in 6 mos-a year depending on second wave and if SOHO stays solvent. gotta do a little DD.

I have smarter longer term plays in my portfolo if any one is interested.

end

[Anonymous No.19745162]

>>19742358
"enough with your faggots coins like ARPA which is the next bubble (MPC) and will make you literally wealthy as hell just buying now and holding 1-2 years"

have fun with your 4% REIT gains per year tho.

[Anonymous No.19745173]

>>19742358
> Company manages property for you
> Properties appreciate in value, thus REIT shares grow in value
> REIT pays out 90% of earnings in dividends to you the shareholder
Sounds based to me. Sure the dividend is not qualified but that only matters once you make more than $12K.

[schwab !YlqoGcQyeg No.19745259]

>>19744896
>reml
look man not to stereotype robinhood investors but you have no idea what you're getting into with REML if you in a position for longer than like 18 hours. Congrats on your gain but you can't understand this PDF its totally gambling at this point.

Basically you're not buying real estate with REML but a representation of other mortgage etfs but reml is levered 2x

i guess you're betting on a mortgage crisis not happening and while i like the odds its SUPER risky

https://vimeo.com/170080076

https://www.schwab.com/public/file/P-9287115