Green Acres
Not enough money to be a land baron? Why not invest in real estate funds instead?
Real estate. Whether it comes in the form of dirt, shopping malls or apartment complexes, it's the stuff we love to own-and it's been known to reward some investors. If owning property outright isn't your thing, real estate funds just might be.
Look down Lipper's roster of fund types, and real estate funds are one of the few offering their investors plus-side returns this year. At the end of the third quarter, the average performing fund in that category was up 3.03 percent-not too shabby considering the overall stock market. At the top of the real estate performance list is the Alpine Realty Income and Growth fund. Through October 1, the fund was up 13.41 percent; for the past three years, its average annual total return was 19.86 percent.
4th of July Subscription Sale - Unlock this subscriber exclusive article and more for 20% off today.
Access all Entrepreneur content with no ads, unlock discounts, and get exclusive advice only available to our subscribers. Plus, our magazine delivered straight to your door.
Get 20% off an annual subscription today. Just use code SAVE20 at checkout.
Entrepreneur Editors' Picks
-
Formerly Enslaved Black Man Nearest Green Taught Jack Daniel Everything He Knew About Whiskey. Today, the Founder of Uncle Nearest Premium Whiskey Celebrates His Legacy.
-
Leadership Lessons From the Exclusive Creativity School That 'Packs 5 Years Learning Into 5 Days'
-
3 Expert-Backed Strategies for Staying Calm in Times of Confrontation
-
The CEO of Wayfair Has Helped Revolutionize Digital Shopping for 20 Years. Here's How He Handles Rocky Economic Conditions.
-
This Founder Went to Prison When He Was 15 Years Old. That's Where He Came Up With the Idea for a Company Now Backed By John Legend.
-
3 Signs You're Letting Pride Get in the Way of Being Successful
-
Chip and Joanna Gaines and Shonda Rhimes Found Incredible Success By Using This One Entrepreneurial Strategy. Here's How You Can Too.