Down 45% in price with a 4% yield, I think this is an intelligent passive income investment

When looking for passive income from dividends, my preference is usually real estate. Property prices reliably increase over time, and I can get a nice rental yield from a flat or apartment while the property appreciates in value. However, let’s be real. Most people, including myself right now, can’t afford to buy a flat or house outright and start charging rent. Maybe one day, but it’s a way off at the moment. Thankfully, there’s still a way I can get a slice of the action, which is through real estate investment trusts (REITs). Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Even if I did have the money to buy an apartment or house outright to rent out, I probably wouldn’t do it. Here’s why. First of all, that would arguably take up most of my money. It would make more sense for my long-term future to build a diversified investment portfolio full of wonderful corporations and hold some REITs within...

Read more