Hi,
My answer to you would be that it depends on whether you are investing to make money or investing to trade.
My initial purchase in HR was at about 22 today it is about 30 to 31 and has been as high as 32. That's about a 30% increase.
We started with about $20,000 in stock and $10,000 in cash in 1999. Today our stock is worth 40k and the cash reserve is over 16k. That's pretty close to a 70+% actual increase. Many of the dividends have been spent on personal things.
I might have traded more often, but I'm not sure it would have helped me any.
In any event for me investing means making money not trading. Excessive trading makes money for the broker not the investor.
I don't know how much Green Street advisors charges for their information but if I felt it would help I would buy it. I'm sure the 26K profit I have in HR would cover it. I don't feel that NAV is an important number for REITs anyhow.
I don't mind subscribing to Valueline. The $575 is tax deductible and I have made enough off of stocks I have chosen from VL to pay for subscriptions for the rest of my life, which I hope is going to be a long one.
AIM has worked very well for me. As I have said before it makes me chuckle to watch people expending effort trying to improve something that works as well as AIM does before they have even tried it themselves. Some don't even take the time to read the book which explains it.
I think it was only yesterday that I read in a post here that there was no provision in AIM for backing out of a position. That is totally untrue! I have gotten fatigued trying to direct people to chapter and verse of Mr. L's book, and being criticized for following the book to closely. If people want to read the book they will.
I think I will get off of my soapbox now. It is late and I have to get some sleep.
I don't know how long you have been investing, but if you have been the least bit successful you should be able to afford the information you feel you need. If you think Mr. L's book at $6 provides you with some good advice, try following it. He says in his book that one shouldn't expect frequent trading. It is right there in black and white. Take the time to read the book, make sure you understand what your read. You either agree with what he say or you don't. It is that simple.
Bernie
Bernie
AI
