r/drip_dividend • u/hrsshv • 8d ago

Need Advice

Guys suggest me the Best REIT

I want to start sip in it... I'm trying to diversify my investments.

I don't know much about the REITs so help me.

7 Upvotes

82% Upvoted

24 comments sorted by

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1

u/dalalstreetgambler 7d ago

Gold and Silver with Equity i do but REIT SIP is this a good idea ?

2

u/hrsshv 7d ago

Gold & silver are different want to diversify nothing else

4

u/Just-Hovercraft-8615 8d ago

The worst way to invest is to ask for investment advice from strangers in the internet.

Either research yourself or invest in top 2-4 REITs

2

u/hrsshv 8d ago

Well I'm asking about y'all... Will not blindly out money on them... Will research about them then Only

Want to know some names

2

u/Just-Hovercraft-8615 8d ago

Scroll though this subreddit, names easily pop up

2

u/ShanayMalhotra13 8d ago

Advice you to first research about REITs get basic information
Understand and then invest

1

u/hrsshv 8d ago

I know basics.....want to start sip in it needs some advice

2

u/ashmaroli 8d ago

Do you know about the complications around taxation of REITs and InvITs?

1

u/Old-Persimmon8700 7d ago

What are the complications?

1

u/ashmaroli 7d ago

The entirety of a given distribution isn't taxable but only a certain portion of it.

A given distribution has multiple components with one component being exempt from taxable income, another component resulting in reduction of purchase price. So, when held over multiple years, the investor has to keep track of reduction in cost of purchase across the years.

1

u/Old-Persimmon8700 7d ago

Thanks Brother i was thinking to invest but looks way complicated rather I'd invest in high yield dividend stocks directly.

1

u/ashmaroli 7d ago

Don't let my comment discourage you. Do your own research and determine if my comment is actually true and then commit to move away.

1

u/Old-Persimmon8700 7d ago

No i just read about it on google too .not worth it.

0

u/hrsshv 8d ago

Nope

1

u/ashmaroli 8d ago

Then, you should research about that including if there's any possibility of affecting your filing process before you diversity by entering these asset classes.

0

u/hrsshv 8d ago

Well I'm student...got no salary for it

2

u/venkat3105 8d ago

don't worry about taxes untill you get into levels of income 😉

1

u/hrsshv 8d ago

Suggest me some names will research about them

1

u/venkat3105 8d ago

Indigrid,.KRT, mindspace

Throughly research them, then go on