3 Top Recommendations for New Investors
Given the multitude of different stocks available to invest in, it can be overwhelming to know where to start as a new investor. Growth stocks can be huge moneymakers over the long term, but they also carry a lot of risk.
A much safer starting point for new investors is investing in companies with somewhat boring but reliable businesses that have a proven track record of growth and income opportunities. Precisely what real estate investment trusts (REITs) offer.
These special types of stocks, which invest in real estate and real estate securities, offer exposure to a diverse industry while being managed by a professional team. Plus, because REITs are required to pay 90% of taxable income in the form of dividends, they can be extremely reliable passive-income streams.
Source Fool.com