If you are a long-term investor, perhaps you have found a few companies that you know really well.
You know: You follow the company, the sector it operates in, how the economy affects it and how its quarterly reports move the stock, and you’re generally are not surprised by any movements in the stock. You might even become so comfortable that you recognize various trading patterns, and are able to take advantage of this by engaging in swing trading alongside any long position you hold.
Well, because I love reliable sources of income, I’ve gotten to know a few real estate investment trusts, or REITs, pretty well.
I’ve tracked the following three REITs for years and years, and know them pretty well. While I’m so comfortable with them that I would either go long or sell these REITs from time to time and just rely on swing trading, I believe all three make excellent core positions in any long-term diversified portfolio, including retirement accounts: