[EP. 30] - REITs are in trouble. Here's what I'm doing. (feat. Riocan, Granite, Brookfield, Smartcentres)
Welcome to the Newcomer Investor Channel! The overarching goal for this channel is to share insights, learn from each other, chat about the beauty of investing and foster healthy debate by sharing various viewpoints. NOTE: This podcast should not be taken as financial advice, and is for entertainment purposes only. Connect on Twitter: https://twitter.com/NewcomerInvest Subscribe on Youtube: https://www.youtube.com/channel/UCbj1hYaUwwvjBFqvl-IVfQw Email me at iamthenewcomerinvestor@gmail.com TIMESTAMPS (0:00) - Intro (0:30) - Markets are shaky (1:53) - REITs are not having a great time (2:42) - Why do people buy REITs? (3:35) - Dividend yields are moving up (4:24) - REITs are cutting distributions left and right (5:25) - My strategy with REITs (5:38) - My "safe" REITs: Riocan $REI.UN and Granite $GRT.UN (7:15) - Brookfield Corporation: will their office portfolio cause their downfall? (9:00) - Smartcentres $SRU.UN - My most recent buy (9:36) - Is the Smartcentres dividend safe ... ? ? ? (13:40) - Should you just ignore REITs and buy other high yield sectors ie. Telco and Energy? (14:21) - My REITs are not (too) politicized