Anybody else notice that REITs are performing really well lately? AIV, AVB, EQR, MPW (disclosure: i own), UDR all have been fun to watch. It doesn't hurt that a lot of these have nice dividends (as required by federal laws, REITs gotta return 90% of taxable income to shareholders).

I really wish I had gotten in on BPT a long time ago. It's dividends alone are enough to salivate for (roughly 10% a year), but the stock has been on fire since the price per barrel of oil has blown up. I was thinking of buying into strength, but the price of oil is quite scary. In historical context, the price per barrel of oil (adjusted for inflation) from the 1973 oil crisis was about $83/barrel. We're upwards of $75/barrel right now. It seems traders love historical numbers, so I would expect some resistance at that level.

I spent some time a few weeks ago looking for energy alternatives ... it's just all so expensive. I'm really digging the transition into hybrids though. I'm personally waiting for hybrids that are a bit more efficient (the Prius is effective, no doubt), or maybe for the all-electric car. I'm not much of an early adopter ;)

Currently listening to: Felt - Dirty Girl
Posted by roy on July 7, 2006 at 09:02 AM in Finances | 1 Comments

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Comment posted on July 8th, 2006 at 12:36 AM
Prius? Hybrids? Pssh...

COS.UN (traded on the TSX) Shhhhh... ;)

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