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Back in the old days when we didn't have internet trading, I had a broker, and I remember that he steered me away from REITs. He said that the dividends were good, but that the stock price deteriorates rather than increases over time. Something about depreciating assets. However, I've got two REITs now and they both pay good dividends and have held their own on price. They haven't appreciated, but they've held their own, and that's fine when you get an 8 percent dividend.
And by golly, I think you're right. I'm going to start reinvesting dividends. I've been back and forth on that, but I'm going to do it.
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I'm putting random letters here as a celebration of free speech: xigrakgrah misorojeq rkemeseit.
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