BOSTON ( TheStreet) -- Federal Reserve officials reiterated yesterday that they will keep interest rates near a record low of about zero for an "extended period" because inflation is under control and unemployment is still near a 26-year high.Goldman Sachs (GS) economist Edward McKelvey predicts Fed policymakers won't increase rates until 2012. If so, real estate investment trusts, or REITs, which thrive on low rates, are poised to extend gains. REITs are required to pay 90% of their income to investors, so they offer high yields.
10 Top-Ranked High-Yield REITs
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.