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oldfashionedway (34.82)

October 2008



And lead us not into temptation...

October 24, 2008 – Comments (3) | RELATED TICKERS: EQC

For over a year I have been casually following a REIT which was mentioned by a Motley Fool writer in an August 2007 article.  Its price has steadily declined in lock step with the rest of the market this year.  It is presently yielding +25%, which is tempting me to try some "near-bottom" fishing.  As always, I will defer to the advice and wisdom of the CAPS community.  Is it delusional to expect the company to maintain such an astronomical dividend given the continuing turmoil in the equity and credit markets?   [more]

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