If the Market Crashes, I'll Be Glad I Own W.P. Carey
The stock market is at all-time highs and things appear to be getting a little frothy. If you are a conservative investor like me, concerns about a big market decline are probably lurking in your mind. But when (not if) the next market drop comes along, I'll be glad that I own real estate investment trust (REIT) W.P. Carey (NYSE: WPC). Here's why, and why you might want to own it too.
You can't really explain to a person who's about to have their first child what having a baby is like. Sure, you can share stories, but until that person has a child of their own they just won't understand how massively this event changes your life. Market crashes are pretty similar. Until you have lived through one, with the fear that you are going to lose everything, you can't understand how awful it is. Reading about big historical downturns just doesn't do justice to the emotions you feel while you are in the middle of a market collapse.
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Source Fool.com
