Fair point, but do you think at todays prices to buy these stocks it is a good idea or did I miss the boat on this sector?The problem with XRE is that it's highly concentrated in the top 5 REITs. For the price of the MER, it may be better off to buy the stocks individually.
Thanks leslie, this I can understand and agree with. It also seems to back other posters comments. i.e. this area is over valued.Yup. What valuation metric you think is appropriate depends on your analysis of the company and how you personally trade off the good points with the bad points. A valuation metric says nothing about the company itself. I make my decisions using fundamental analysis.
The following is an excerpt from a spreadsheet I use for downloaded financial data.
OK, sorry, I should have said that based on your sheet I (ssimps) think they are.No, no no. The point was NOT that I think it over/under valued. The point is that you have make your own evaluation of every single company. And decide your OWN tradeoffs. When asking opinions, ignore the conclusions, and listen and evaluate the reasons given.