3 REITs That Could Set You Up for Life
During your working years, the focus is on building a nest egg. When you hit retirement, however, you need to live off of those savings. Dividends can make that easier to achieve.
These three real estate investment trusts (REITs) have proven they have what it takes to keep paying investors through thick and thin, which could set you up for a lifetime of robust, growing passive income.
You know that diversification is good for your portfolio, but it's also good for a REIT. One of the best examples of this is W.P. Carey (NYSE: WPC), which is among the most diversified landlords you can own. Its portfolio spans the industrial (25%), warehouse (24%), office (21%), retail (17%), and self-storage (5%) sectors, with a fairly large "other" grouping rounding out the mix.
Source Fool.com
