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General Discussion / Re: As an employee would you want to get paid in Bitshares?
« on: March 27, 2014, 11:46:18 pm »Bitshare is a revolutionary commodity that has full of potentials . Until its pending release , it is all but speculations. Anyway let me share my two cents regarding making it more attractive to the people. We must take it to the masses. As I3 introduced it with a 5% interest is not sufficient enough for grabbing attention. After bitshare makes its way to banking sytem , slowly implement it REIT(real estate Investment Trust) type where 90% of the investors are being paid with dividends . This is even more attractive than banking.
Can you explain to me what a REIT is? I'm not familiar with this terminology.
REIT is short for real estate investment trust . It is a group of real estate commodities trading in stock exchange. It was introduced by the US government way back in 1960s. The thing with REIT is it has to yield 90% of its earnings to investors as dividend. As a result the stockholder has a steady 6% to 7% in quarterly dividends and another 6% to 7% annually. Just like someone is paying you a rent. There are two types of REIT, the equity and mortgage REIT. The equity REITs are those what you see in a stock exchange trading publicly . Example of equity REIT is KIMCO Realty which now priced at $21 something (NYSE). Mortgage REIT is an investment that makes and holds loans and other obligations that are secured by real estate collateral. Equity REIT is more practical and recognized. As Bitshare is still developing commodities, maybe REIT can be one of them.
Recent article about REIT makes it more attractive for investors.
http://www.thestreet.com/story/12542103/1/surprise-reits-are-outperforming-stocks-and-treasuries.html