2 REITs That Are Outperforming the S&P 500
Inflation just keeps accelerating, and the stock market is taking a beating as major bellwethers report earnings disappointments and recession fears mount.
One of the major barometers is the S&P 500, which is now down about 18% so far this year, leaving investors wondering where they might turn for some relief. One place to look is the real estate investment trust (REIT) sector.
REITs own portfolios of income-producing properties and are required to pay at least 90% of their taxable income annually to shareholders. That makes them both passive income stocks and real estate investments, two characteristics that can prove resistant to general market downturns.
Source Fool.com
