Posted by Paul Ness, MAI on October 22, 2003 at 07:04:06:
Yes, you can invest in them, that is their purpose. They have done very well in recent years as investors shifted away from traditional stocks. There are even REIT mutual funds. I own shares of a REIT mutual fund as part of my IRA and its price/share has gone from around $9.50 in Jan 2000 to its current price of around $14.60. Who knows what the future holds however, as traditional stocks rebound???