50% off Premium Yearly

TSE:ZRE
This is somewhat dependent upon rates. Interest rates and mortgage rates, which have been going up in the past 2-3 months. This one is a real estate investment trust, not as mortgage dependent, but in the past 2-3 months as rates have started to go up in the long end, the value of real estate investment trust products have dropped fairly precipitously. Doesn’t know if it will drop much further but doesn’t think it will do that well going forward. Thinks real estate is in for a rough ride for the next 2-3 years.
If you stick with real estate on the longer-term basis, you’ll probably do just fine. If he were doing real estate, he would just go for one of the bigger names, and in this case that would be RioCan Real Estate Investment (REI.UN-T). This way you can forget about paying the extra fee for an ETF to manage an equal weight model. This gives you a monthly income.
REITs should be a part of any portfolio where someone is trying to get yield. It is a reasonable valuation at this point so it is okay to nibble away. Go to a half position. If we pull back 5% then up your position to 10%. There are risks if interest rates rise over the next few years.