REIT v. Buying Investment Property

In the mid-19th century, Andrew Carnegie said that “90% of millionaires became so through owning real estate.” Almost two hundred years later, it’s still true; real estateremains an unparalleled way to build wealth. But making money off the real estate market doesn’t necessarily mean you have to go out and buy an apartment building. In this era of financial products for everything imaginable, you can park your cash in a REIT (real estate investment trust), and get most of the returns without any of the headaches of being a landlord.Q4 2019 hedge fund letters, conferences and moreWhat is a REIT…

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