CIM: Chimera Investment Corporation

Comment: I invested in a REIT for the first time. I had $ 355 sitting in my IRA and bought 100 shares of CIM for $ 345

More on REITs ...

Picking the sweet spot in real estate

Excerpt:

Most real estate trusts and funds offer sizable dividends since REITs dole out 90% or more of their taxable income each year. You'll have to pay Uncle Sam at your ordinary income tax rate on most of those payouts. That's why it's best to hold REITs and funds in a tax-advantaged account such as your 401(k) or an IRA, says Rick Ferri, an investment adviser in Troy, Mich.

The Motley Fool has a timely article on REITs and mentions CIM: The 10 Highest-Yielding Mortgage REITs