UMH - My Oh My Another Strong Buy
The month of October can be summed as “scary” and that’s the same adjective that came to mind when I was summarizing the results of my “New Money Portfolio”. In case you forgot, the portfolio comprises 25 REITs that are either STRONG BUYs now or were once STRONG BUYs earlier this year. (You may recall that we upgraded Park Hotels (PK) to a STRONG BUY a few days ago.)
In October the New Money Portfolio returned -4.2% — mainly influenced by the performance of Catchmark Timber (CTT) -14.9%, City Office (