Dear Reader, Jared here, Yesterday, I sent you a link to an important interview I did with Ed D’Agostino of Mauldin Economics. In case you missed it, click here and watch it now. (We made sure to include “speed controls” so you can watch at your own pace.) Watch it immediately… because in it I address what many investors fear will crush the market in 2023—commercial real estate. Recently, Marcus from Hermitage, PA wrote in and asked: “Are you concerned about commercial real estate? Should REITS be avoided if there’s a high concentration of commercial real estate?” The short answer: I’m not concerned, and you shouldn’t be either. A couple months ago at the height of the banking crisis, I noticed sentiment around commercial real estate was reaching extremely bearish levels. No one thought office REITS would survive. The biggest “sentiment indicator” was that investors were taking on obscene risk by shorting office REITS that pay double-digit dividends. That “sentiment indicator” was all I needed to confirm it was time to buy. So, in my daily newsletter, The Daily Dirtnap, we bought SL Green Realty Corp., a New York City office REIT, for around $21. Today, the stock trades near $30. A 33% gain in a few short weeks. I further explain why there's no reason to be concerned about commercial real estate and how to capitalize on “sentiment indicators” too during this exclusive interview with Ed D’Agostino of Mauldin Economics. I believe we’re on the brink of what’s setting up to be an exciting summer ahead. So click here now to watch the interview. You’ll see step-by-step what actions to take, and I will give you simple instructions on what to do in the coming days. Plus, toward the end, I answer YOUR questions. It won’t be up for very long, so click here now to watch the interview while you can. (Again, we made sure to include “speed controls” so you can watch the interview as you please.) Jared Dillian Editor, The 10th Man |