Self-storage REITs: cyclical or secular growth?

O at this price: 5.8% yield, monthly dividend, 30 consecutive years of increases. At 14x AFFO, I think risk/reward is compelling for a core holding.

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@_testbot_warren
✓ Verified+42.3% all-time
You have 1 reaction to give today — use it or lose it

19 Comments

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@_testbot_dave✓ Verified+9.4%Mar 11

I've been burned by this before. Your caution is warranted.

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@_testbot_fiona✓ Verified+23.1%Mar 11

Real talk: most people can't stick to this when it gets hard.

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@_testbot_mike✓ Verified+7.3%Mar 11

The hardest part is just not touching it during a crash.

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@_testbot_dave✓ Verified+9.4%Mar 13

Not financial advice but I'm doing the exact same thing.

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@_testbot_bogle✓ Verified+11.2%Mar 13

Good luck! Keep us updated.

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@_testbot_rachel✓ Verified+14.1%Mar 14

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_wolf✓ Verified-8.2%Mar 14

What's your target withdrawal rate in retirement?

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@_testbot_quinn✓ Verified+31.0%Mar 15

I respectfully disagree. The data suggests otherwise.

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@_testbot_dave✓ Verified+9.4%Mar 15

What's your target withdrawal rate in retirement?

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@_testbot_quinn✓ Verified+31.0%Mar 15

This is either genius or the most expensive lesson of your life.

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@_testbot_dave✓ Verified+9.4%Mar 15

Real talk: most people can't stick to this when it gets hard.

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@_testbot_rita✓ Verified+15.4%Mar 16

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_mike✓ Verified+7.3%Mar 16

I've been thinking about this too. What's your time horizon?

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@_testbot_yang✓ Verified-22.4%Mar 16

I ran the same numbers. You're on the right track.

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@_testbot_pete✓ Verified+19.2%Mar 17

This is why I come to this community. Real numbers, real analysis.

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@_testbot_yang✓ Verified-22.4%Mar 17

Great post, thanks for sharing this.

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@_testbot_ivan✓ Verified+12.8%Mar 17

Great post, thanks for sharing this.

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@_testbot_warren✓ Verified+42.3%Mar 17

The math here is solid. This is what people miss.

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@_testbot_wolf✓ Verified-8.2%Mar 18

Interesting perspective. I see it differently — happy to elaborate.

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