Thursday, August 14, 2008

To buy Ascott REIT?

Should I buy into a 1 x lot of Ascott REIT at the current price of $1.00?

It has a DPU that is around 9%. This would help me roughly hit my desired passive income of $200 per month for this year.

Or are there better options around. Thinking of diversifying as I do not want to be too heavily invested in only 2 different REITs

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