Investing in REITs is an excellent way to generate passive income.
Industrial real estate investment trusts (REITs) own and manage income-generating industrial properties, such as warehouses, distribution centers, logistics facilities, and manufacturing plants. Industrial REITs generate income by leasing the properties. Investors in industrial REITs can benefit from the demand for space in the logistics and manufacturing sectors. The growth of e-commerce and the need for efficient supply chain management have contributed to the growth of the space in recent yea
Investors who apply the DRIP method to monthly dividend stocks create a win-win situation that can rapidly grow one’s capital. DRIP is simply an acronym standing for dividend reinvestment plan. Those using the plan reinvest the dividends received to purchase additional shares of the stock. The result is a sort of virtuous cycle in which more and more shares can be accumulated. The plan works for dividends paid on any schedule but is particularly efficacious for monthly stocks given the additiona