$BAC posted its advice on REITs. Don't listen to them. Buy an ETF REIT instead. Why?per user:I hate to say it but if you are looking to B of A for advice, you should be indexing or just have money in a CD. Look at how terrible B of A's picks were in REIT-land last year. As you can see from the verbiage above, these clowns think their job is to guess what is gonna happen over the next couple of quarters. REAL ESTATE IS AN ASSET CLASS FOR WHICH A SERIOUS INVESTOR MUST HAVE A 5 YEAR TIME HORIZON. B of A doesn't seem to know how to analyze REITs - here is a clue:1) Stay atop actual trends in the market - building transactions - cap rates, price per apartment, price sq/ft (office/shopping centers). Keep track of leasing trends as well.2) Calculate NAV using market transaction data detailed in point 1 (private market is 90%+ of the market for apartments, offices, and shopping centers).3) Based on expected growth in NAV/share determine what premium/discount REIT should trade at. Basically do what Green Street does (Green Street is expensive - this blog uses that approach for SOME REITs and gives it away FREE www.privateeyecapital.com ). Nobody cares what B of A's guesses on 6 month share prices are. They've never been right. They won't be right in the future.