3 Top REITs to Buy in April
Fun fact: Real estate investment trusts (REITs) were created in 1960 as part of the Cigar Excise Tax Extension of 1960. And at times, they have been delivering smoking returns ever since.
The REIT Act was slipped into that tobacco-taxing measure to give people without a lot of capital a way to invest in real estate without buying it directly. Now there are more than 200 publicly traded REITs from which to choose.
Most REITs specialize in sectors like apartment buildings, billboards, data centers, and much more. And many have proved to reliably provide a growing flow of passive income for decades. Three great examples to consider for an April investment are American Tower (NYSE: AMT), Prologis (NYSE: PLD), and Realty Income (NYSE: O).
Source Fool.com
