The Best Way to invest in REITs
Real Estate Investment Trusts (REITs) are like buying tiny pieces of different buildings and properties, but without having to deal with being a landlord! Here's how you can start investing in them:
Three Easy Ways to Invest in REITs:
- Buy REIT ETFs: The easiest way! Think of these like a basket containing many different REITs. Popular ones include Vanguard Real Estate ETF (VNQ) and Schwab US REIT ETF (SCHH).
- Use a Robo-Advisor: Apps like Betterment or Wealthfront can automatically invest in REITs for you.
- Open a Brokerage Account: Use apps like Fidelity, Charles Schwab, or Robinhood to buy individual REITs yourself.
Quick Tips:
- Start small - you can begin with as little as $50
- Diversify - don't put all your money in one REIT
- Research the REIT's history and performance
- Look for REITs that have been around for at least 5 years