Are REITS a wise move in the current economic environment?
Our financial planner has recently suggested that we move some of our IRA funds out of stocks and into a Real Estate Investment Trust.
In our case, this would be Behringer Harvard REIT 1, Inc.
I've only been recently going over their online information, but have to wonder if this exposure in commercial real estate is even a good direction to be leaning in light of the current economic downturn.
Obviously we're getting advice from a financial planner, but I'd like to hear what some of y'all experts have to say regarding this type of move.
Thanks in advance for your consideration and advice...
John