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Investing/Strategies / Retirement Investing
|Subject: Re: investing for income at 77||Date: 9/19/2003 10:29 AM|
|Author: wcfenton||Number: 37231 of 82751|
I think that Real Estate Investment Trusts (REITs) might be worth checking into as another income type investment. The following site provides a great deal of information about REITs:
Also, the Real Estate & REITs Board would gladly provide their perspective on the subject:
REITs can be invested in as individual companies/stocks or in an index fund that covers many of them. They are available from Vanguard in the form of an index fund (VGSIX) and are also available as Exchange Traded Funds (ETFs). In the way of personal disclosure, I invest in iShares Dow Jones U.S. Real Estate Index (IYR) which is an Exchange Traded Fund. It has done rather well during this last year.
As you can see...there are a host of possibilities that are classified as "income producing investments". I'm sure that you will find what is best for your particular situation.
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