Quote:
Originally Posted by American Psycho
whats that mean exactly?
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that someone who invested in REITs in 2007, almost a DECADE later, would still have lost HALF his investment...
... but really, REIT (real estate investment trust), is just an alternative way to invest in real estate, you buy shares in the trust that buys loads of real estate, apartment buildings, office buildings, etc, and you get a share of all the profits generated...
it's just like buying stock in a company that happens to invest in real estate... (there are some subtle differences between REIT and normal stock, but not really relevant to most investors)...
so in theory you get many of the benefits of investing in real estate, without any of the drama...