REIT Basics: Types, Returns and Risks
Chii REITS?
REITS ndeye makambani avo bhizimusi ravo riri roga uye rinoshandiswa neimba yezvivakwa. Chimiro cheRIT, semuenzaniso, inogona kutenga nekutarisa dzimba. Nomutemo, vanofanira kugovera 90% yezvavanowana mukana yezvikamu.
Mazhinji REIT (anonzi "mabheti") anoparadzira zvikwereti izvi kuvarimi vavo vega roga, izvo zvinoita kuti vawane motokari inobatsira yekuwana mari yevakatora mari iyo inoda kuramba ichiwana mari. MHURI, kusiyana nemakambani ehurumende, haibhadhara mutero wemari yekambani; iyo mibairo mushure mekugadziriswa kwehutori inoparidzirwa kusati kwabhadhara kune REITs vatengesi. Nhoroondo, kwenguva yakareba - sekusvika kubva muna 2010 kusvika muna 2015 -ZVO dzakanyanyisa zvibvumirano zvekambani .
Mhando dze REITs
REITS inouya katatu:
- kuenzanirana REITs, iyo inoshandisa uye inoshandisa pfuma-inotengesa dzimba
- kubhadhara REITs, iyo inokweretesa mari kune vadzidzisi veminda uye vafambisi kana kuisa mari yekuchengetera mari kana zvikwereti
- maRITHI akasvibiswa, anoita zvose zviri zviviri.
Kudzoka kwe REITs
Sezvakayerwa neIndaneti yeMSCI US REIT, kubva paJune 23, 2016, US REIT yakabudisa kuvhara kwegore gore risati rapera 12.34% I S & P 500 Index, chiyero chakawanda chekushanda kumusika wekuAmerica, akaenzanisa kudzoka kwe10,49% panguva imwe chete.
Zvakakosha kuchengetedza mupfungwa kuti kudzoka kwakanyanya kubva kuRIT kunongova chiyero chekushanda pane imwe nguva yakatambanudzwa, kwete chiratidzo chokuti REITs inokunda zvikuru. Ichokwadi, REITs yakatevedza S & P 500 mune imwe,, matatu, uye makore mashanu yakapera musi waAugust 31, 2013.
Mukupera kwegore ra2016, hupfumi hweUnited States hunodzoka zvishoma nezvishoma kubva kuHarare Recession hwakatanga mumakore ekupedzisira ra 2007 hwakanyatsoraridzana nehuwandu hwezasi hwekuda kwezvakatipoteredza kunze kwemakore akapfuura kutengesa.
Izvi zvakakonzera zvikuru kuti REIT idzoke . Zvakakosha kuchengetedza izvi mupfungwa kana uchienzanisa REIT. NOKUDZIDZWA hazviratidzi pachena kuti inowedzera mari nguva dzose. Zvechokwadi, REITs yakatevedza S & P 500 index mune imwe,, matatu, uye makore mashanu yakapera musi waAugust 31, 2013.
Ngozi dze REITs
MITSA inotengeswa pamusika wekutengesa, uye iyo inosanganisira ngozi iyo inowanzotarisirwa yehutano hwekutsvaga. Izvo zvinotambudzawo zvakanyanya nekushaya simba mumatengo edzimba. Kunyange zvazvo REIT 'nguva refu inodzoka inonakidza, pane dzimwe nguva dzave dzave dzisina kunyanya kuchinja. Muna 2007, iShares Dow Jones US Real Estate ETF (IYR) yakadzoka -20.35%, ikateverwa iyo nekudzoka kwe -40.03% (ine chikamu chemari inowanikwa) panguva yekuparara kweimba "bubble" gore ra2008 rapera. ... Vatengesi vari kutsvaga dzimwe nzira dzekusungwa vanofanira kusangana nezvengozi dzinobatanidzwa.
MITARIDZI inewo inogona kubudisa kusagadzikana kwekudzoka kwakakwana munguva iyo nhamba yezvibereko inokwidziridzwa kana ichikwira . Kana matanho ari pasi, varimi vanowanzoenda kunze kwezvinhu zvakachengeteka kuti vatsvake mari mune dzimwe nzvimbo dzepamusika. Mukutaura, kana zvikwereti zvakakwirira kana munguva dzisina chokwadi, varairidzi vanowanzovhurazve kuUnited States Mashekeri kana zvimwe zvikwereti zvakasimwa mari.
Kunyange zvazvo dzimwe nguva inorongedzerwa zvisina hanya se "batsigiri vatsigiri," REITS haisi zvibvumirano; ivo vakaenzana. Kufanana nehutano hwose, vanotakura nengozi yakawanda zvikuru kupfuura hurumende dzehurumende .
Nzira Yokushandisa Sei muRITIT
MITARE inowanika kune vashandi mune nzira dzakasiyana-siyana, kusanganisira mari yakazvipira yekutengeserana, mari yekuvhara , uye mari inoshandiswa-kutengesa. Pakati pemari yekutsinhanisa-inoshandiswa iyo inowanikwa pa REITS ndiyo iShares Dow Jones US Real Estate (ticker: IYR), Vanguard REIT Index ETF (VNQ), SPDR Dow Jones REIT (RWR), uye iShares Cohen & Steers Realty (ICF).
Vashandi vanogonawo kuzarura kambani yekutengeserana uye kutenga mumwe munhu REIT zvakananga. Zvimwe zvevanhu vakuru zvikuru REIT ndeye Simon Property Group (SPG), Public Storage (PSA), Equity Residential (EQR), HCP (HCP), uye Ventas (VTR).
Vashandi vanovewo nehuwandu hwekuwana mikana yekuwana mari kune dzimwe nyika.
Izvi zvikwereti zvinowanzosvibisa kupfuura REIT-US-based REIT, asi vanewo zvibereko zvepamusoro uye zvinogona kupa hukuru hwekusiyana. IEF yakakurumbira pane zvisiri US REITs ndeye SPDR Dow Jones International Real Estate ETF (RWX).
REITs muPodfolio Construction
Imwe REIT inoyevedza haina chokwadi, iyo iyo REITs inowanzova nechepasi pane chiyero chekuwirirana pamwe nedzimwe nzvimbo dzepamusika-zvinoreva kuti kunyange zvazvo dzichibatwa nemararamiro akawanda emisika, kushanda kwavo kunogona kutarisirwa kusiyanisa zvimwe kubva kumahombekiti makuru evanhu uye , pane imwe nguva, kubva pazvisungo.
Kugoverwa kune REITs kunogona, saka, kuderedza rubatsiro kunoderedza kusagadzikana kwese kwevashandi vemapurisa panguva imwechete iyo inogona kuwedzera muchero. Imwe mukana we REITs ndeyekuti kusiyana kwezvisungo zvinotengeswa zvakakonzerwa, REITs ine mikana yekutora nguva yakareba yekuonga. Vanogonawo kuita zviri nani kudarika zvimwe zvipimo panguva dzekuwedzera kwezvinhu nokuti nzvimbo dzeimba yepamusoro dzinowedzera nekuderera. Ramba uchifunga, zvisinei, kuti zvikwereti zveRIT, zvakasiyana nemari inowanikwa kubva kumari yakachengetwa kwegore rimwe chete, inokwana zvachose. Iko nguva dzose pfungwa yakanaka yekutaura pamusoro pezvinhu zvakasarudzwa kugovera zvisarudzo nemudzidzisi wezvemari anotendeseka.
Zvinonzwisisika : Mashoko ari pawebsite ino anopa mazano ekukurukurirana chete, uye haafaniri kushandiswa zvisina kunaka sekutsvaga mazano. Pasinei nemamiriro ezvinhu iyo ruzivo runomiririra hutungamiri kutenga kana kutengesa zvigumisiro.