Hey guys,
I'm looking to invest into this fund.
http://us.ishares.com/product_info/fund/performance/IYR.htm
Now, this thing has done 9% since inception around 10 years ago - including the huge crash. The return is made up of rent + growth.
Do we think that it'll do better than 10% each year for the next 3 years?
Note - Buffet thinks the US property market will recover by 2011 - www.bloomberg.com/apps/news?pid=20601087&sid=aXJI6QU4ObgQ
Regards,
David.
I'm looking to invest into this fund.
http://us.ishares.com/product_info/fund/performance/IYR.htm
Now, this thing has done 9% since inception around 10 years ago - including the huge crash. The return is made up of rent + growth.
Do we think that it'll do better than 10% each year for the next 3 years?
Note - Buffet thinks the US property market will recover by 2011 - www.bloomberg.com/apps/news?pid=20601087&sid=aXJI6QU4ObgQ
Regards,
David.