Quote:
Originally Posted by fotze
But if you took your $20k and then borrowed $90k to invest in REIT then you would have.
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Precisely. Actually by my eyeball Boardwalk was about $15 back in 2002 and was at $45 for most of last year. Had you invested $110,000 back in 2001 you'd have $220,000 in capital gains. Plus it yields about 4% so add about $28,000 in distributions to that.
I believe that was the point of the article - that it's possible to ride the property wave with equal or better return without having the hassles of being a landlord. This isn't meant to be a sweeping generalization that stocks are better than property, as obviously not all REITS and stock did as well as Boardwalk. Just trying to point out there are many ways to skin a cat...