State places pension funds into real estate

Full story: Myrtle Beach Online

South Carolina's state pension managers see a chance for that $29 billion fund to profit from the real estate collapse that has affected much of the country.
Comments
1 - 1 of 1 Comments Last updated Aug 18, 2008
Donald M Yonce Sr

AOL

#1 Aug 18, 2008
REAL ESTATE is good ,only applies to PATIENT money so one would hope for some
saavy on the part of decision makers. I remember their foray into the stock market
as it was crashing. It would be beneficial
to SC if funds could 'stay home" even as
loans to worthwhile ventures or landlords
to other gov't entities. How bout bldg some
energy efficient/creating schools/prisons
for 'lease' to districts /agencies. LET's
get CREATIVE/INNOVATIVE. Money loses purchasing power quickly..8% pitiful. DMY

Tell me when this thread is updated: (Registration is not required)

Add to my Tracker Send me an email

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Moore Discussions

Title Updated Last By Comments
SC SC state senator refers to candidate as 'raghead' (Jun '10) 21 hr GOLDSTONE REPORT 1,149
Any one knows John Birch from Boothill band? (Aug '09) Aug 19 Your mom 16
Review: Randys Auto Autobody Aug 12 public 1
Scam Alert, the "We'll pay you to decal your ca... Aug 6 captianobvious 1
Working the Drive-Thru Window for 12 Years With... Aug 6 captianobvious 5
Dirty sex offender Jerry Neal Morris from Dunca... Aug 6 captianobvious 1
14-year-old Girl Dies Week After Golf Cart Fall (Jan '08) Aug 6 no way 15
•••
•••
•••

Moore Jobs

•••
Enter and win $5000
•••
•••

Moore People Search

Addresses and phone numbers for FREE

•••

Moore News, Events & Info

Click for news, events and info in Moore
•••

Personal Finance

Mortgages [ See current mortgage rates ]
•••