Prime REITS for Would-Be Moguls

Article Abstract:

For those looking for real estate investments without becoming personally involved in a property, real estate investment trusts (REITS) might be the answer. These trusts operate much the same way as a mutual fund does; they pool shareholders' money to either buy property which produces income, to lend mortgage money to developers or buyers, or to do a combination of the two. REITS which make operating profits pass these on to their investors in the form of regular dividend payments; and these dividends, along with steadily rising prices on REIT stock, plus easy liquidity can make these attractive investments. Although the REIT industry had a bad spell in the 1970s, and many REITs collapsed, the industry is now sound, as those who survived were the ones who knew the business well. Many of the best REITs are discussed, and industry analysts feel that the time has never been better to make an investment in real estate through REITS.

Standards, Real estate investment, Real estate investments

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Peter Brownell

Article Abstract:

Accounting professor Peter Brownell made a significant contribution to management accounting research during his lifetime. He was one of the few young Australian accounting scholars who took graduate work at a prestigious school in the US and went on to become one of the recognized leaders worldwide in his field. His initial work was a dissertation on the psychological nature of accounting information systems, particularly on factors that influence the effectiveness of budget participation. He was among the pioneers in advancing a contingency argument that the correlation between organizational effectiveness and reliance on accounting performance measures was associated with budget participation. Brownell died on Mar 16, 1997 due to cancer.

Obituary, Accountants, Brownell, Peter

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Peter Molyneux: prime mover

Article Abstract:

A profile of game designed Peter Molyneux is presented. His latest PC title features the player as god, and allows creature design which reflects the player's personality.

Analysis, Computer games, Works, Molyneux, Peter

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