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“We’re living in a brave new world,” UBC’s Davidoff said, “where internationally mobile capital is actually chasing single family homes and apartments. That didn’t use to happen as much. —Tom Davidoff, Professor, University of British Columbia
Don’t focus on current income. Total return, including capital gains, count. (Because, hey, yield alone won’t provide enough cash flow in most cases.)
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Dreifus’s funds are Royce Special Equity (RYSEX) and Royce Special Equity Multicap (RSEMX).
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