Long called one of the most stable and effortless long-term asset classes, experts are suggesting investing your RSPs in a Real Estate Investment Trust (REIT) in the coming year.
Do you own your home and work hard to make wise financial decisions in order to create security for today and for tomorrow? Do you still wonder how you could earn a little extra income without having to get another job?
There’s been a lot of talk about real estate in recent months. From the sub prime melt down to unrest in the financial markets, real estate seems to be at the center of most discussions. So does this mean real estate is a bad investment? “Not in all cases, certainly not the private REIT market,” says Jason Castellan, CEO of Guelph-based Skyline Apartment REIT.
In times of economic uncertainty, investing your money in an investment that generates monthly income can be a sound strategy. One way to do this is to invest in an income investment such as a real estate investment trust (REIT).
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