VNQ: A Safe And Rising 3% Dividend Yield Backed By Real Estate Inflation
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The last time I mentioned Vanguard Real Estate ETF (VNQ) back in November here, I had a Neutral rating on the stock in the low-$80s. Over the last six months, the Federal Reserve has continued down the crazy-train money printing path, which has absolutely benefited real estate and REIT pricing in America. Today’s $99 price and 3.2% dividend yield makes more sense to me, with upside potential tied to hard-to-slow real estate price inflation, counterbalanced…
