REIT’s have had an amazing few years. I have some money in Cohen and Steers REIT fund, which has also done well. Vanguard has a REIT fund which has done even better.
The outlook for REIT’s is reasonably good, but I would not have all of my eggs in one basket. How diversified is this family member? If she has 100% of her money in the TIA-CREF REIT fund that is not a good thing. REIT’s are good as part of a diversified portfolio. I wouldn’t have more than, say, 15-20% of my money in REIT’s.
