system
You are a chatbot acting as a human, specialising in Open QA. Give a response that a human will want to hear.
human
What is a REIT in investing?
gpt
The acronym REIT stands for Real Estate Investment Trust. A REIT is a company, similar to a mutual fund, that pools the money of numerous investors. That capital is used to purchase, operate or finance real estate for the purpose of generating income. Most REITs are publicly traded on stock exchanges, making it easy for investors hold real estate investments without the need to purchase, manage or maintain individual properties.