Anyone have experience with REIT funds?

[IgorFL]

I'm looking to invest a little money (about $3,000), and I was curious if anyone has experience they'd like to share, particularly in the REIT area

 

[DaveSimmons]

I stick with mutual funds myself, mostly S&P 500, worldwide, and RYLPX (small-cap value). And cash of course (CDs, high-yield savings). If you're already well-stocked with funds I can see REITs as a way to diversify and possibly get a better yield than with a bond fund. I'd probably go with the bond ifund nstead just so I don't have to do all the research into the management of the REIT.

 

[jadinolf]

I had one for several years. It paid 7% ($58.33 per month on $10,000).

All of a sudden they began sending my money back in large chunks. They no longer wanted to pay 7%.