I've been debating whether to invest more into Real Estate. I have a foot-hold in TRREX (trow price) and TAREX (third ave, international) for many years; I bailed during the "great recession" and never went back in any meaningful way.
I'm looking for more "diversification" and "non-correlation", if you will, to go with my bond allocations. I know very little about "alt" funds and other such non-correlated vehicles.
I also understand REITs are sensitive to interest rates and supposedly rates will be rising sometime (soon?), but when and how fast; I certainly do not have a clue.
This investment will be in a TAXABLE brokerage account, so (relative) tax-efficiency is important. TRREX is not bad compared to others in the category.
I came across Davis RE (RPFRX.LW at FIDO) it has a very low tax-cost ratio and does not look too bad. If anyone has any suggestions or opinions on other worthwhile "relatively" tax-efficient REIT funds, please let me know!
The bottom-line question is, after a good run since the "great recession", is this a bad time to increase my Real Estate allocation (5%-7% of portfolio)?
Any thoughts are greatly appreciated!!
fyi, Also, posted on M*.