I have about 5% of my portfolio in REITS (VNQ). For tax purposes I have them in my ROTH IRA. What percentage of your portfolio do you have in REITS? I'm looking to re-balance and not sure if I should add more taking it up to 10%. Thoughts?
I'm at 10%, largely on the basis that I don't own any rental property.
So adding my primary (fully paid off) + the additional 10% REITS gets me to an overall 25% RE allocation.
Been a good year to own the VNQ, who knows what will happen in the future, though.
I think it depends on the rest of your portfolio and your goals. 5%-10% is fine. I'm at less than 3% in REITs, and have no interest in buying more. There's too many good growers on the market ;D
I had about 10% in reit's but took it all out because I had purchased 3 rentals and didn't want too much allocated to real estate.