PSA - 3 Self-Storage REITs That Turned $10000 Into More Than $100000
Real estate investment trusts ( REITs ) are renowned wealth creators. They've historically outperformed stocks over the long term.
One of the best-performing REIT sectors is self-storage. The property group contains two of the five top-performing REITs over the last decade, with most of the group outperforming the market by a wide margin. Because of that, they've been able to turn a relatively modest initial investment into a major windfall for long-term investors. Leading the way are Extra Space Storage (NYSE: EXR) , Life Storage (NYSE: LSI) , and Public Storage (NYSE: PSA) , which have all turned $10,000 into more than $100,000 over the past 15 years.
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3 Self-Storage REITs That Turned $10,000 Into More Than $100,000