This story was originally published here.
The Dow Jones Industrial Average is up 7.8% for the month as we receive more encouraging progress on COVID-19 treatments. The U.S. Federal Reserve has also been doing its part to shield the markets from crashing.
But that doesn't mean some segments of the real estate market haven't changed forever. Today, we're going to show you what are still the best high-yield REITs to buy now – the ones that have kept their head above water.
Our top REIT has a yield of 14% right now…
Retail properties are never going to see the same demand as before the pandemic hit the United States. Lower-end properties were already struggling, and the coronavirus has probably ended their existence.
Big city office space is also going to see drastic changes going forward. Work from home has been an enormous success for many companies. And they are rethinking their need for office space. The combination of the pandemic and civil unrest has many companies considering exactly where they want to be in the future. An exodus from once-hot cities like New York, Seattle, and San Francisco is a genuine possibility.
For REIT investors, all this means is that they must pay attention to what sector of the REIT market they are investing in right now. Mall REITs are not the best choice. And REITs that focus on large urban office markets are probably not the best choice either
Try this REIT instead for a 6% yield…
Editor's Note: Click here to keep reading.
The crucial market story you probably missed
Hi, I'm Joe Montana.
And I want to invite you to a join me during a special presentation about investing in one of the fastest-growing industries in the world – cannabis.
This is something you won't want to miss.
Now, you might be wondering “Why should I listen to an old football player about investing?“
Well, here's something you may not know about me.
After I retired from football, I started investing in startups.
I made some investments personally and even launched my own fund.
I've backed some of the most successful startups in the world – I'm talking about companies like Dropbox and Pinterest – long before they became billion-dollar giants.
But the numbers tell me that the cannabis industry has as much potential as anything I've seen in a while.
There's a projected $72.8 billion worth of untapped demand for the taking right now… and the market is projected to grow to $500 billion if not more…
Which makes right now a great time to invest in cannabis and lock in a ground-floor opportunity.
That's why I recently took part in The 2020 American Cannabis Summit.
It's an online event hosted by the National Institute for Cannabis Investors that was created to give you the information and tools you need to make the best possible investment decisions in this market.
If you have even a slight interest in investing in cannabis, you won't want to miss this event.
To Your Success,
Guest Speaker, The 2020 American Cannabis Summit