Hi there!
Getting rich and retiring comfortably are two different things to begin with.
People invest in REITs usually for growing dividends and modest capital appreciation.
To “get rich”, investing only in REITs might take a relatively longer time compared to another asset class like growth/tech stocks.
To retire comfortably, you can turn to REITs for their dividend income that you can use to offset your living expenses during retirement. However, dividends are non-guaranteed and may be subjected to fluctuations. That’s why it’s always more sensible to allocate our eggs into different baskets and not over-rely on a specific asset class.
Hope I’ve answered your question!
Hi there!
Getting rich and retiring comfortably are two different things to begin with.
People invest in REITs usually for growing dividends and modest capital appreciation.
To “get rich”, investing only in REITs might take a relatively longer time compared to another asset class like growth/tech stocks.
To retire comfortably, you can turn to REITs for their dividend income that you can use to offset your living expenses during retirement. However, dividends are non-guaranteed and may be subjected to fluctuations. That’s why it’s always more sensible to allocate our eggs into different baskets and not over-rely on a specific asset class.
Hope I’ve answered your question!