I have only ever bought 3 stocks before, but I am really intrigued by this whole new world.
I am thinking about buying some shares of Government Properties Income Trust (GOV), a publicly-traded (on the NYSE) real estate investment trust (REIT). Its stock price is around $15. I went to the SEC site and it makes no mention of money being tied up or free to sell whenever SEC REIT page
If I bought some shares on my phone app, could I sell them at any time? (a classmate said "REITs take your money and you can never get it out" but I am thinking maybe that he did not mean publicly-traded ones)
Is there a rule of thumb to be able to judge how much dividends per share price one would expect to get?
Thank you very much,
— a young man who grew up in rental houses