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Lewis Braham: 7 Real Estate Stocks To Ride A Retail Comeback: (MGLAX)
FYI: You’d have to be a real contrarian to bet on shopping malls today. To many consumers used to the convenience of clicking “Buy,” the sentence “Let’s go to the mall” is a punchline—so much so that it became a running gag on the sitcom How I Met Your Mother, in which one character had a previous life as a Canadian pop star whose big hit was called “Let’s Go to the Mall.” The rest of the crew on the show viewed that as more embarrassing than acting in porn.
With such a cultural bias against malls as relics of a previrtual age, it’s little wonder that the average retail/mall real estate investment trust, or REIT, has only a 1% three-year annualized return—a fraction of Amazon.com’s(ticker: AMZN) gravity-defying 56%. Regards, Ted https://www.barrons.com/articles/7-real-estate-stocks-to-ride-a-retail-comeback-1538128801
Being a retail investor, Old_Skeet's pick for a real estate fund is FRINX. Its no load share class (FRIFX) sports a yield of about 4.0%. The fund has been a steady producer within my portfolio for a good number of years. It's Morningstar report is linked below for both the no load and A share fund classes.
Comments
https://www.morningstar.com/funds/XNAS/FRIFX/quote.html
https://www.morningstar.com/funds/XNAS/FRINX/quote.html
And, no, I did not read the article as it was a subscription read only.