Comments on: Sleepy Mini Portfolio Update

By: John

John — Sun, 02 Nov 2008 17:08:59 +0000

@ phil S. You were right. Early 2008 (pre september) was definately a false bottom….

Oh, hindsight….

By: Sleepy Mini Portfolio Q2-2008 Update

Sleepy Mini Portfolio Q2-2008 Update — Tue, 03 Jun 2008 00:58:13 +0000

[...] markets is reflected in the Sleepy Mini Portfolio, which swung from a 7.5% loss at the time of the last update to a gain of 1.1% at the end of May. The current portfolio holdings [...]

By: nice

nice — Sat, 15 Mar 2008 06:33:26 +0000

“For example, when was the last time in the USA that a 6 billion dollar REIT with 50% government office buildings and long term leases was trading at an 11% yield”

[1989-93 is the latest worst year of US Real Estate Business- I believe. ]

Robil, where can I locate those information?

By: Mihai

Mihai — Tue, 11 Mar 2008 04:44:50 +0000

Thank you Robillard .
I actually meant what is the name of that REIT ?

I might be tempted to buy it.

By: Robillard

Robillard — Sun, 09 Mar 2008 01:19:31 +0000

A REIT is a real-estate investment trust. It’s akin to a mutual fund but typically owns rental properties instead of stocks and bonds.

By: Mihai

Mihai — Sat, 08 Mar 2008 03:40:42 +0000

Phil S,.

What is that REIT ?

“For example, when was the last time in the USA that a 6 billion dollar REIT with 50% government office buildings and long term leases was trading at an 11% yield”

Thanks

By: Robillard

Robillard — Thu, 06 Mar 2008 03:55:46 +0000

It’s generally foolish to try and call the bottom on a downtrend. If you are going to make investing decisions based on technicals, which incidentally doesn’t make a whole lot of sense for retail investors, you shouldn’t try and call the bottom but wait for a clear signal that the downtrend is broken. Typically that means buying into upward momentum when a prior recent high gets broken. Another sign would be a double bottom: the failure to break a new low in the downtrend, which can signal its end.

By: Canadian Capitalist

Canadian Capitalist — Wed, 05 Mar 2008 16:14:01 +0000

Sport11can: I live in Ottawa as well and I’m totally disgusted by the snow this year (don’t have a snow blower). I just dug out part of the driveway… back breaking… and then the car got stuck in the street. Fortunately, I can work from home.

I should clarify what I meant by “sounded about right”. Vanguard published year-end trailing P/E ratios and for VTI they noted it is 17.7 or 5.65%. Since, markets are down from then 6.25% sounds about right.

By: Sport11can

Sport11can — Wed, 05 Mar 2008 15:18:45 +0000

Thanks, we see where the number is coming from now.

Talk about about storm clouds… not sure where you guys are, but here in Ottawa we are getting 35 cm of snow today and another 30 or so in the next 4 days !

Thanks again and I am going to be watching these things carefully as well.

By: Canadian Capitalist

Canadian Capitalist — Wed, 05 Mar 2008 12:36:25 +0000

Sport11can: The yield on VTI and VEA is earnings yield (the inverse of the usual P/E ratio). I picked the numbers from Yahoo Finance because it sounded about right. The dividend yield on these ETFs is lower – around 2%.