The stock market may be expensive today, but there are still bargains available in the REIT (real estate investment trust) world. Thanks to political, interest rate and even Amazon (AMZN) worries, you can add 7%+ real estate yields to your portfolio from the convenience of your brokerage account.
That said, there’s no reason to pay top dollar for REITs – not now, not ever. Today we’ll highlight three expensive REITs to avoid, and lead you toward some of the best bargains in the sector.
Price matters. Consider General Electric (GE), which has been a merely OK performer over the past few years, but has really punished investors who buy in during valuation peaks.…