mutual fund question

[gsneff]

do any of you guys know of a mutual fund that invests in land? I'm figuring a good company could purchase land right now and hold it until times are good. i think this would be a good long term investment. also, let me know if you agree.

 

[gsneff]

thanks, i'm wanting a reit thatinvests in raw land. anything you like or are at least ok with?

 

[gsneff]

One of the reasons I sold my practice was a REIT that I used as a cornerstone of every conservative portfolio I built started having issues. I lost all faith at that point. They had a 45 year track record without a loss. I think they are still in + territory but cut rates when they said they wouldn't cut rates twice. From there it is only a matter of time before share price erodes.

So... not really.

thanks for the info

 

[LACamper]

You should just buy whole life policies!

 

[DuckYou]

You should just buy whole life policies!

Whole life is a bad investment. However, there are several commercial REITs that are good.