Your neighbor Jim knows that you are knowledgeable with investment strategies, and often discusses strategy with you. In your most recent email conversation, Jim insists that mutual funds are more stable and a better investment than REITS. You know that Jim is entitled to his opinion, but also want him to understand your views on the importance of incorporating REITS into a diversified portfolio. Argue your view with Jim, in a polite and professional email response format, while explaining the following:

How do REITS and mutual funds compare or differ?

Average market performance of REITS over the past $50$ years

Your personal reasoning for why a REIT would be a good investment to add to a diversified portfolio

In your response posting to your peers, argue the other side of this situation, from Jim$$s shoes. Why might an individual NOT want to invest in REITS? Use a polite and professional email response format for your replies.