01-06-2016, 08:07 PM
Welcome Matt!
A lot of people find DG investing after a rollercoaster of experiences with other investing styles.
I've got to agree with Caversham -- if you are looking to build something to provide income over the long term, an mREIT is probably not a great place to start. Maybe look at something like AT&T (ticker: T) for starters. Yield is a healthy 5.5 percent, so the current income is not too paltry, and if you consistently add to the position, it will grow into a nice cash producer for you over time. Over the years as you add other names and grow the portfolio, T will be a great core position.
We're all happy to help as much as we can. Best of luck!
A lot of people find DG investing after a rollercoaster of experiences with other investing styles.
I've got to agree with Caversham -- if you are looking to build something to provide income over the long term, an mREIT is probably not a great place to start. Maybe look at something like AT&T (ticker: T) for starters. Yield is a healthy 5.5 percent, so the current income is not too paltry, and if you consistently add to the position, it will grow into a nice cash producer for you over time. Over the years as you add other names and grow the portfolio, T will be a great core position.
We're all happy to help as much as we can. Best of luck!