REIT: Good Idea?

Dave knows that REITs are a bad investment because they don't perform as well as mutual funds and have a lousy rate of return.

QUESTION: A listener asks what Dave thinks about REITs (Real Estate Investment Trusts).


ANSWER: REITs are not a good investment.  They have not performed as well as mutual funds and they have a lousy rate of return, which means there are some heavy fees built in.