investing for a monthly income.
2007-05-18 15:06:29 · 3 answers · asked by ShyGyrL 1 in Business & Finance ➔ Investing
Haven't you heard real estate is dropping. And it will continue to drop as all of these Adjustable Rate Mortgages begin to come off of their initial period and have to be refinanced. That is the worst place to invest your money. Money magazine has rated the top 70 mutual funds. Try one of those. http://money.cnn.com/magazines/moneymag/bestfunds/2007/actively.html
2007-05-22 14:06:11 · answer #1 · answered by Anonymous · 0⤊ 0⤋
That would depend on which REIT you want to invest in. I believe there are currently just over 160 different REIT's that are purchased just the way you purchase shares of stock. You can buy REIT's for diversified/industrial, residential, office, retail, hotel/motel and hospitals/health care. The prices vary from anywhere around $1.25 per share on up to around $385 or so per share for Alexander's Inc (symbol: ALX), which is an diversified/industrial REIT. However, REIT's are currently a pretty tough place to be making money in right now.
2007-05-19 02:02:12 · answer #2 · answered by Romans 1:22 4 · 0⤊ 0⤋
REITS are purchased like a stock. REITS are an excellent investment...... I would be a little cautious since they seem to be dropping in price at this time.
One that I like is: KIM (Kimco).
However it is in a downtrend (right now).....................
2007-05-19 00:08:33 · answer #3 · answered by Common Sense 7 · 0⤊ 0⤋