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Vonovia SE ADR (VONOY)

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13.9 -0.5    -3.24%
10:19:00 - Delayed Data. Currency in USD ( Disclaimer )
Type:  Equity
Market:  United States
  • Volume: 31,522
  • Bid/Ask: 0.0 / 0.0
  • Day's Range: 13.8 - 14.0
Vonovia ADR 13.9 -0.5 -3.24%

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Daniel Berman
Daniel Berman Jan 29, 2023 5:02AM ET
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Looking at this real estate company given their real replacement book value , despitemore debt then ideal I think it is one of the best investments I have seen in a long time. I liked ASML and remain a sharejolder but the ipside of Vonovia is as great as any hard asset non finacial gimmicky company's I have invested in since Apple was cheap adter numerous sell offs in the oast twelve years. I understand Germany has rent regulations more stringent then some Americans might like. But, these German regulations relate to a country whose % of honeowners to renters has and will always be low to the American. The idea of owning your hone as the American dream is nice if you care and can truly afford this asset without compromising your lifestyle entirely. German's save a higher % of their invome then Americans by a large %. I bought 2,000 shares in October. I am looking to double this over the next three months. I am buying another 2,000 shares this upcoming week.Comments appreciated.
 
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