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An REIT is a Real Estate Investment Trust. Not an index. I have a small investment in an REIT and while the trust owns multiple properties, it is far from an i
by jaxn 16y ago
An REIT is a Real Estate Investment Trust. Not an index.
I have a small investment in an REIT and while the trust owns multiple properties, it is far from an index. An REIT is more like buying an individual stock, you are investing in a company that will use your money to purchase, improve, and maintain real estate in exchange for a share of the company. (That may not be technically accurate, but it is essentially what is going on)