Andrii Dodonov / Getty Images/iStockphoto
Real estate investment trusts — REITs — are essentially mutual funds that buy real estate instead of stocks. While some experts argue that REITs provide portfolio diversification and are a great way to derive passive income, there are also a slew of misconceptions around them.
Check Out: I’m a Financial Advisor — These 5 Index Funds Are All You Really Need
Read Next: 6 Genius Things All Wealthy People Do With Their Money
Sponsored: Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.
What Are REITs, and How Can They Create Wealth and Financial Security?
Real estate investment trusts (REITs) offer a way for people to invest in real estate without directly taking on all the risks and complexities of owning property, said Dutch Mendenhall, CEO and co-founder of RADD…
