Forget Bitcoin: I'm Buying This Under-the-Radar REIT
Like many people, I've been thinking about buying some Bitcoin (CRYPTO: BTC). The main reason is to hedge against inflation, which has been running hot this year. However, I haven't purchased any because it's so volatile. The cryptocurrency has had several large declines from its all-time high, including more than 50% earlier this year.
Because of that, I've started looking elsewhere than cryptocurrency for an inflation hedge. While I also considered investing in gold, I've homed in on an under-the-radar real estate investment trust (REIT) that offers many of the same benefits to buying Bitcoin, plus some additional ones without the stomach-churning volatility.
That REIT is farmland-focused Gladstone Land (NASDAQ: LAND). Here's why I plan to buy it instead of Bitcoin as an inflation hedge.
Source Fool.com
