Hi SF
RE: IYR
In the past I owned ICF, a similar fund. I converted it to a LD Aim account ans managed to sell completely out prior to 2007. When I wanted to restart a REIT account in 2009 ( lucky timing) I compared the dividend and volatility of ICF to an individual stock WRI and decided to use WRI instead. While I have done VERY well with WRI since, I cant tell you whether I have done better than using ICF. But the point I want to make is that while I expect REITS to crash and burn eventually on a rate rise, I am just letting Aim tell me when to get in and out. I have done very well as WRI has gone from $10 to over $40 trading in and out along the way as Aim directs.
I wouldnt start any new REIT accounts here though. Or any others for that matter!
Toofuzzy
Take the road less traveled. It will make all the difference.
