Should I buy a REIT?
REITS trade on the stock exchange. REITs do not pay corporate taxes; it is flow through capital. NOTE: REITs rise when interest rates go down, and fall when they go up, contrary to what you might think. If you want fast access to your money, it is the way to go. BUT – and you knew it – there are a lot of different REITS. Study their 5 years performance. Stay away from hotels, etc. REITS.
Buy banks. They are flush with cash and must pay dividends in November…as much as 15 – 20%.