August 2021
Beginner
272 pages
6h 37m
English
Content preview from The Intelligent REIT Investor Guide
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
CHAPTER 15Building a REIT Portfolio
“Confronted with a challenge to distill the secret of sound investment into three words, we venture the motto, Margin of Safety.”
—Benjamin Graham
Before you place any buy orders, let's take a step back and seek some perspective. For instance, how much of a good thing do you want? And how much should you have?
Almost every book on financial planning and investing discusses asset allocation: how much of one's portfolio should be in stocks (domestic and international, large‐cap and small‐cap, growth and value, and so on), bonds, real estate, and cash. And let's not forget commodities and other “alternative investments” out there for you to consider.
Some experts say that, as we get older, we should shift more into bonds over stocks in order to reduce risk. Others recommend that our asset allocation be adjusted as needed according to economic, interest rate, and investment environments – or even one's tolerance for risk and volatility.
Personally, I don't know if there's a universally right answer. The way I see it, your proper asset mix should depend on your objectives, financial ability to absorb losses, and emotional tolerance for risk. And while this isn't a book about financial planning, here are a few thoughts about REITs' role in a diversified investment portfolio for starters.
If you have substantial spending needs over the next year or two, keeping enough cash to meet them is highly important. That's true even when bank savings and ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access
More than 5,000 organizations count on O’Reilly
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.