Could Investing $10,000 in Realty Income Make You a Millionaire?

If you invested $10,000 in Realty Income (NYSE: O) at the turn of the last century, it would be worth around $56,000 today. That is a long way off from $1 million, but don't look at this result in a vacuum. The truth is, Realty Income has outperformed the S&P 500 index (SNPINDEX: ^GSPC) over that span. And even if Realty Income can't repeat that feat, there's still a very good reason to own this high-yield real estate investment trust (REIT). Here's what you need to know.Back at the turn of the century, REITs were still a somewhat obscure asset class. In fact, they remained a niche segment of the financial sector until 2014, when real estate finally got its own sector designation. Ultimately, way back in 2000, REITs weren't well followed and were largely the purview of small, income-oriented investors. A material portion of the growth over the past 25 or so years has come from the inclusion of REITs in the portfolios of larger investors.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool