Spring Cleaning Is Almost Here: Time to Get These Stocks Out of Your Portfolio
Real estate investment trusts (REITs) are meant to pass income on to investors and, thus, should really be conservatively managed. Only that's not exactly what you'll get from Global Net Lease (NYSE: GNL), Farmland Partners (NYSE: FPI), and Whitestone REIT (NYSE: WSR). If you own this trio of REITs, here's why you might want to dump them, as well as three alternatives that are likely to be more reliable over time.
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Diversification is good for your portfolio, and it's good for a REIT's portfolio, too. So, on the surface, you'd think that Global Net Lease would be a slam-dunk investment option, particularly given its hefty 11.3% dividend yield. Only that outsized yield reflects the risks of this aggressively managed REIT.
Source Fool.com
