Replies to post #2316 on AT&T Inc (T)

[fung_derf]

Having one third of your money in one stock is pretty danged risky, unless maybe it's Berkshire Hathaway.
I used to have about 25% in KO and I took that down to about 11%, and think that's a lot.

[chessmaster315]

I like T now, but real estate "has a long way to go down". This is true of REIT's too.

Buyers of real estate are extremely limited now...so if you are a seller, you get a choice of picky buyers who want deep discounts. These deep discounts drive down appraisal prices and homeowners watch people "give their home back to the bank", then buy a better home for less, exaserbating the price declines.

This was very prevelant in the mid 80's.

Buffet sold his airlines, and I wouldnt touch REITS or real estate for a while. Unemployed people dont buy property very often.