Investors can increase their returns by looking for discounted stocks that generate lots of passive income.
BUFFALO, N.Y., June 23, 2022--Life Storage releases 2022 Sustainability Report highlighting ESG efforts. The Company operates more than 1,100 self-storage facilities in 36 states.
Real estate investment trusts (REITs) have not escaped the downturn in the stock market. Amid growing fears of a possible recession, the Vanguard Real Estate Index Fund ETF (NYSEARCA:VNQ), comprised of roughly 160 REITs, has lost over 22% year to date. It hit a new 52-week low on Jun. 14. In comparison, the S&P 500 has dropped around 20% over the same period. Yet, investing in REITs that grow their profitability each year and trade at reasonable valuations is a perfect way to accumulate long-ter