This
Vanguard ETF bills itself as the
largest of its kind.
I’m among the many who believe the outlook for
investment in real estate is excellent just now, perhaps better that it has
ever been—in
a robust real-estate market recovering from a deep pullback.
With $14 billion
in AUM, VNQ is more than three times larger than the next-largest real estate
ETF. It overloads its 10 largest holdings.
The fund’s
expense ratio is a mere 0.10%.
My
three-month performance chart at Yahoo! suggests a fresh pullback is under
way. My guess is that it will be neither deep nor lasting and thus presents an
excellent buying opportunity. We’ll see.
I don’t own VNQ
now but I expect to buy it near the bottom of its present pullback.
Never forget: All investments and savings
are gambles on the unknown future and thus subject to loss.
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