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One Stock Every Investor Should Own
You know it, but have never heard of it
Buy what you know
An old mutual fund manager, Peter Lynch, coined that phrase.
It’s straightforward wisdom that works — buy stock in companies whose products and services you use or are familiar with.
There’s no better evidence of the strategy’s success than the standout stocks of this pandemic-guided market.
Apple. Zoom. Amazon. Chewy. Spotify. Chegg.
All names we know.
What about a name we don’t think we know, but actually do?
It deserves a place in your portfolio.
If it literally pays you every month to be a shareholder, all the better.
Realty Income is a REIT. That stands for Real Estate Investment Trust.
A REIT owns property and leases it to tenants. REITs operate in all different sectors — health care, apartments, retail, you name it. Some REITs don’t own property directly. They finance real estate. We call them mortgage REITs.
Here’s the beauty of REITs for investors — they must return at least 90% of their taxable income to shareholders as dividends.
