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Open Thread: What Are You Buying/Selling/Pondering
Reply to @romroc: Welcome romroc, I too hold VGSIX (if you capitalize the fund ticker it will display properly). I hold it as the etf version, VNQ.
The excesses that happened in housing would never have been tolerated in other industries. I believe there are fewer check and balances in this sector due to an over abundance of niave participants (the allure of home ownership). Remember most of us are not home owners.... we are mortgage holders.
VGSIX attempts to make you an actual owner. It pays you a dividend (rent) and hopefully provides a mechanism to grow tangible assets.
Comments
The excesses that happened in housing would never have been tolerated in other industries. I believe there are fewer check and balances in this sector due to an over abundance of niave participants (the allure of home ownership). Remember most of us are not home owners.... we are mortgage holders.
VGSIX attempts to make you an actual owner. It pays you a dividend (rent) and hopefully provides a mechanism to grow tangible assets.