Hi all,
I'm yet to start investing, but I have concluded that I should start with REITs or Mutual Funds. Maybe both.
The types of REITs that I'd look into are unique ones like WY. I've seen O mentioned so many times, so I'd look into it as well. As for retail REITs I'd rather not look into them because I personally think that retailers will not perform well over the next few years.
The reason I'm thinking of mutual funds is because it gives me a lot of stress to research individual stocks. To my limited knowledge I know that mutual funds are a pool of individual stocks and that you're able to buy/sell these funds as individual shares. What I don't understand about mutual funds is:
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How does their prices go up/down? Does the fund manager buy/sell individual shares in the fund to maintain a healthy price on the market?
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Perhaps not every mutual fund pays out dividends, but what would be the advantage of a fund that doesn't pay out dividends?
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I'm assuming that there's specifc mutual funds,just like REITs. For example, a mutual fund that only holds tech shares, or industrial shares. Correct?
I have under $1000 to spend on starting my portfolio. I'm aware that mutual funds gives me more diversification, and that REITs are obligated to give 90% back to its shareholders. With my limited budget to start with, I will say that individual stocks won't be helpful for me at the moment. My mind-set is long-term, but in the near future I'd like to make money in the short-term as well, by maybe investing in growth stocks.
Submitted April 01, 2019 at 10:09AM by Gazed1 https://ift.tt/2FQvXHe
