An Overview Of REIT
In real estate lingo, REIT means real-estate investment trust. It is composed of property-investment companies that pay dividends to stockholders with revenue derived from rent and other fees. REITs correspond negatively with the NASDAQ Composite Index and appear to do well when other stocks don’t. They suffered seriously during the late 1990s, but have made a successful comeback in the bear market that began 10 years ago.