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abreis

06/02/08 6:14 PM

#515 RE: Democritus_of_Abdera #514

Hi D of A,

Thanks for the update. Please keep them coming. IWA has been holding up pretty well in this investment environment.

Right now I'm looking at HRP. They pay a decent dividend for such a low priced stock. They are a REIT, but one that is mostly in commercial property. This is from Yahoo's message board:

HRP's main focus is dividend/income stability, growth secondary, an investment grade credit rating and offers a relatively high yield. This core strategy matches precisely my main investment objective. As someone who has followed HRP closely for many years, it is reasonably transparent that its actions are consistent with this core strategy. Thus far,although with the realization it is an ongoing struggle, HRP has substantially achieved its core objective.

FWIW and in MHO.

Regards,
Abreis