As a financial writer and real estate investor for over three decades, I can attest to the temptation for yield chasing. Over the years, I have learned some tough lessons of investing, and as a writer I’m constantly encouraging readers to avoid the fool’s game with regard to “sucker yield” REITs.
You’ll simply be far better off avoiding these “pie in the sky” yields that eventually end up sacrificing capital in the process. Just because high dividends appear superior, it doesn’t necessarily mean the highest yield is the best. There’s a point in which being