[caption id="attachment_1605" align="alignright" width="150" caption="Photo by Anderson Mancini"][/caption]
You might have experienced deja vu before. It has happened to me countless times. Psychic? Maybe but sometimes, things just fall into place in the strangest ways.
Today, I received a payment voucher from my broker on income distribution from First REIT. This is not a very glamorous REIT but I count it as one of the strongest in my portfolio. The generous distribution put a smile on my face.
Then, I wondered if I should blog about First REIT, using it as an example of the type of REIT we want to have in our passive income portfolio. I got home, checked my blog and found two comments from anonymous readers, both stating that they do not like REITs. So, that made up my mind for me.
I first bought some units in First REIT in 2007 for an average price of 75c per unit. Through good and bad years, it faithfully distributed income to unitholders every quarter: Read more...