The poor performance of these investments reflects negatively on advisors, suggesting a conflict of interest and puts into question their legally required commitment to serve the best interests of their clients.
Real Estate Investment Trusts (REITs) are investment vehicles that hold income-generating properties. Investors earn dividends from the properties without having to own them individually. Some REITs specialize in specific market sectors – such as office buildings or hotels - while others are more diverse. REITs have been heavily promoted by investment advisors and stockbrokers in [...]