2 Cheap Dividend Stocks You Can Buy Right Now
In recent years, I've mostly steered clear of investments in the real estate industry. Sure, I've nibbled here and there on some publicly traded real estate investment trusts (REITs), but the asset class remains a meager 1% of my portfolio. I was hearing too many investors gush with enthusiasm about how "real estate never loses value" and "it's a no-brainer investment," with the ultimate pitch being for a highly illiquid fixed asset that yielded less than 3% a year. The last time I heard sweeping statements like that was 2007.
But now, with the economy heading into a recession that is already wreaking havoc on the sector, I'm changing my tune. It's not that I dislike real estate, but when it comes to investing in assets for their income-generating potential, the price you pay up front is critical. And prices today are looking attractive.
In publicly traded REITs, where price declines tend to precede the slides of less-liquid real estate assets (because you can buy into and sell out of a REIT stock with the click of a button), the pain has arrived already. While they have not yet experienced nearly as big a drop as they did during the extended fall of the Great Recession, the drop in value during March 2020 is nonetheless something to behold. Valuations are starting to look quite inexpensive, and yields have been pushed higher.
Source Fool.com
