Strategy 4. REITs
REITs are known for their higher yields, however, REITs have not performed too well compared with the overall market, just look at The SPDR Dow Jones REIT ETF RWR. There are many reasons, but high valuations and concerns over rising interest rates are probably the major ones.
However, for long term investors, some of the REITs offer great yields and are pretty safe.
The Risks
Avoid some of the Mortgage REITs which could suffer in a rising interest rate environment. Also, avoid the small-cap REITs since they tend to not having much room for payout headwinds.