REIT's have changed significantly over the last 20 years. So has the Total Stock Market.
From Haight and Singer "Real Estate Investment Handbook edition 1, January 2005:
"The Real Estate Investment Handbook will help you make better-informed decisions when investing in properties such as:
* Apartments, condominiums, and time-shares
* Single-family homes
* Self-storage facilities
* Office buildings
* Industrial properties
* Parking lots
* Shopping centers
* Hotels and motels"
From Investopedia article on REITs circa 2024:
"REITs invest in apartment buildings, cell towers, data centers, hotels, medical facilities, offices, retail centers, and warehouses."
The Total Stock Index through its holdings in companies like Amazon, Verizon, and United Healthcare (etc.) today has, I suspect, a closer resemblance to REIT performance than it would have had around 2004-5. As I see it, things have changed both in the Total Index and in REITs and a REIT fund is less of a diversification factor relative to the total stock market today than it was 20 years ago.
From Haight and Singer "Real Estate Investment Handbook edition 1, January 2005:
"The Real Estate Investment Handbook will help you make better-informed decisions when investing in properties such as:
* Apartments, condominiums, and time-shares
* Single-family homes
* Self-storage facilities
* Office buildings
* Industrial properties
* Parking lots
* Shopping centers
* Hotels and motels"
From Investopedia article on REITs circa 2024:
"REITs invest in apartment buildings, cell towers, data centers, hotels, medical facilities, offices, retail centers, and warehouses."
The Total Stock Index through its holdings in companies like Amazon, Verizon, and United Healthcare (etc.) today has, I suspect, a closer resemblance to REIT performance than it would have had around 2004-5. As I see it, things have changed both in the Total Index and in REITs and a REIT fund is less of a diversification factor relative to the total stock market today than it was 20 years ago.
Statistics: Posted by Beehave — Mon Apr 08, 2024 4:35 pm — Replies 17 — Views 744