Stock Market Plunge: Why I'm Investing in REITs
The broader market has fallen prey to a bear, with the S&P 500 index dropping by as much as 20% from its recent peak in 2022. It is hard to watch stocks fall, since it generally means your net worth is declining. That's why I focus more attention on dividends than I do on stock prices.
And if you like dividends, as I do, one of the best places to find them is in real estate investment trusts (REITs). Here are three reasons why, even as the market plunges, I continue to love my REITs.
A stock price is nothing more than a number that goes up and down in an often irrational manner all day long. If you pay too much attention to stock prices, you will give yourself an upset stomach. They can't be predicted over short periods, and the gyrations really don't hold all that much informational value, in my opinion.
Source Fool.com
