A $100 Billion Wave Ready to Lift REITs

REITs (real estate investment trusts) are finally starting to get the respect they deserve. As a result, a cool $100 billion is gearing up to chase these soon-to-be-hot issues! Since its 2004 inception, the Vanguard REIT Index ETF (VNQ) crushed the broader market – returning 192% including dividends versus just 89% for the S&P 500. The market gods have finally taken note.This September, Standard & Poor’s will give REITs their very own sector for the first time. Which means NOW is the best time to buy them, because before it’s official, large funds will be shoveling cash into REITs as they attempt to “front run” the index as they always do. It’s JP Morgan & Chase reporting that the desire for “equal weight” portfolios will... Read more