1 Reason I'll Never Sell W.P. Carey
I watched real estate investment trust (REIT) W.P. Carey (NYSE: WPC) for several years before I pulled the trigger and bought the stock. But now that I own it, my plan is to never sell it. The reason boils down to one boring old investment approach that won't excite anyone. But the thing is, when it comes to this REIT, a single word can't fully describe how incredible a company W.P. Carey is.
The word that makes W.P. Carey a core holding for me is diversification. We all know how important diversification is for our portfolios, but this real estate investment trust shows just how valuable it is for a company, too. Before getting into the backstory here, let's start with an example of how important diversification has been for W.P. Carey lately.
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Source Fool.com
