It’s always nice to see extra money coming into your bank account, especially if it’s a large amount like an annual bonus. Although it may be tempting to spend it on your short-term needs, your bonus may also plant the seeds for dividend portfolio Which will give you income throughout your life. When building said portfolio, investors pay attention to real estate investment trusts (REITs) given their stationary distribution. We look at three different types of REITs in this article that can help you turn your one-time bonus into a recurring income stream.
Why are REITs popular for passive income?
Income investors favor REITs because they are required to distribute the majority of their income. They can also provide comprehensive performance across a variety of real estate types, including offices, logistics facilities and retail malls. REITs offer fairly predictable cash flow through rental income collected from their tenants, allowing…
