InvestorsHub Logo

pete807

01/04/18 6:59 PM

#182 RE: jugs #181

REITs are not in favor with interest rates expected to rise and tax changes for much of the country involving high tax states. RE values are lower with those new non-deductible taxes figured into value.
LADR had challenges to its share price 6 months ago even before the law so I was glad to take gains off the table.

Bought LADR for 11.15 in January of 2016 and sold in June 2017 for $14. Some where around 40-50% with dividend and appreciation.. not bad, but even better stories were ahead. Collected decent yield while in it, was even gifted some shares, but moved on to our better growth energy stocks. All is good.

Sold my other leveraged REIT too, ahead of new law and it is still a nickel below that Oct 26, transaction.

Currently the energy boom is on! US moving toward net exporter in the next couple years...