Want to Double Your Money? Buy These Stocks and Wait
The stock market is in correction territory, and with rising interest rates and inflation on the march, now certainly seems like a good time to let your cash rest until things look better. But you might want to look again.
There are bargains out there, including some real estate investment trusts (REITs) that can be candidates for doubling your money if you buy now and wait. Two of them are Crown Castle International (NYSE: CCI) and Innovative Industrial Properties (NYSE: IIPR).
REITs are dividend stocks that combine the risk and reward of owning stock and real estate, giving shareholders a mandated minimum of 90% of the taxable income produced by the properties they own. That means you enjoy some passive income along with whatever happens to the share price itself.
Source Fool.com
