New Investor? These Real Estate Stocks Should Be on Your Shopping List
When you start investing, it is very tempting to throw money at the hottest craze, like meme stocks or cryptocurrencies. But the get-rich-quick feeling that generally leads to such moves can also lead you into risky investments and potentially painful losses of capital.
A better approach is to build a solid foundation of reliable dividend-paying stocks, like real estate investment trusts (REITs) W.P. Carey (NYSE: WPC), Federal Realty Investment Trust (NYSE: FRT), and UDR (NYSE: UDR).
You'll make the most money if you put every penny you own into a single winning stock. But there's really no way to know which stocks will be winners or losers, which is why a strong investment approach involves diversification.
Source Fool.com
