REITs Still a Good Idea?
One way of getting into real estate investing without actually buying houses is through Real Estate Investment Trusts (REITs). The past several years these investments have been performing remarkably well. But will the continue to do so? CNNMoney has a article entitled “Time to pull out of REIT funds?“.
The article concludes that REITs are part of a good long term strategy
So if you’re looking for someone to sound the alarm on fleeing REIT funds, you’ve come to the wrong person. For me, the rationale for having some real estate funds in your portfolio isn’t because they may turn out to be the hot sector for yet another year.