General Growth Properties Inc. (GGP)

[justthefactsmam]

i have sold 2500 shares of my ggp holdings which were in my taxable account in order to replenish my cash reserves. i also sold 229 shares of hhc for the same reason. currently i am still holding 10k shares of ggp in my taxable account and 10k shares in my ira's. also am holding 1000 shares of hhc in my taxable account and just shy of 1000 shares of hhc in my ira's. depending on what happens with the tax package before the senate now i my sell an additional 1k shares of ggp in my taxable account before the endo of the year. with the remainder i am satisfied to let them ride. intention is to keep them in my ira's for at least the next 5-10 years and to gradually sell off portions of each in my taxable account over the next 5-10 years.

i have to believe that hhc may have, and in fact has had, better stock appreciation than ggp but also like my ggp because of the anticipated dividends it will pay out.

at this point it just kind of comes down to where you are in life and what dice you are willing to roll or keep rolling with ggp and hhc. i'm in retirement and ggp/hhc has taken me from a rice and beans lifestile to a meat and potatos one. i'm thankful for that but also anticipate with continued good health that i could live for 20-30 more years and will need to stay in the market to keep up with anticipated inflation and i do think that ggp and hhc are good inflation hedges.