Why REITs Still Deserve A Place In Your Portfolio
July 28, 2017 | StreetAuthority.com
So far, it hasn’t been a very good year for real estate investment trusts (REITs).
However, this isn’t to say these stocks have performed badly as a whole.
So far this year, the Dow Jones Equity REIT Total Return Index is up about 3.8%. Even though it’s less than the return of the market — the S&P 500 index is up more than 13% over the same period — these aren’t the numbers to really complain about. Especially in the context of this market environment. As we move a little more than six months into the year, the U.S. Federal Reserve has already hiked interest rates twice — something that many had anticipated would trigger a REIT sell-off.
