Summary: National Storage Affiliates (NYSE: NSA) is a prominent real estate investment trust (REIT) specializing in self-storage facilities and offering attractive returns and steady income. You can invest in it conveniently through a reputable broker like eToro.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
About National Storage Affiliates
National Storage Affiliates is a self-storage REIT that owns, operates, and acquires self-storage properties across the United States. They specialize in the ownership and management of self-storage facilities, providing storage solutions to individuals and businesses.
As a publicly traded company, NSA allows investors to participate in the growth of the self-storage industry, which has shown resilience and steady demand over the years.
Note
How to buy National Storage Affiliates stock: Step-by-step
Investing in National Storage Affiliates is a straightforward process. You can follow these steps to get started:
Step 1: Choose a brokerage
Before you can buy NSA stock, you’ll need to open an investment account with a brokerage. Our go-to broker for buying NSA stock is eToro, a widely popular platform with over 30 million registered accounts and a FinCEN license. It also provides a host of solid features for all sorts of investors, including:
- Commission-free stock trading;
- Access to over 2,000 stocks from 17 different exchanges;
- The option to purchase fractional shares;
- A user-friendly platform that simplifies the trading experience.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
When choosing a brokerage, you should consider:
- Fees: Look for a brokerage that offers competitive commission rates. Some brokerages even offer commission-free trades, which can save you money over time;
- User-friendly platform: Consider the ease of use of the brokerage’s trading platform. You’ll want a platform that is intuitive and provides access to the tools and research you need;
- Customer service: Good customer support can be crucial, especially if you’re new to investing. Check reviews and ratings for the brokerage’s customer service.
Step 2: Fund your account
After you’ve created your brokerage account, you’ll need to fund it. This involves transferring money from your bank account to your brokerage account. Most brokerages offer various funding options, including bank transfers, wire transfers, and mobile check deposits.
Note
Step 3: Place your order
With your brokerage account funded, you’re ready to place your order for National Storage Affiliates stock. Here are the key steps to follow when buying NSA stock:
- Choose the right stock symbol: The stock symbol for National Storage Affiliates is NSA. Use this symbol to identify and purchase the stock;
- Select your order type: When placing your order, you can decide between different order types, such as market orders and limit orders. A market order will execute the trade immediately at the current market price, while a limit order lets you specify the price at which you’re willing to buy the stock;
- Specify the quantity: Determine how many shares of NSA stock you want to buy. Make sure to stay within your budget and risk tolerance;
- Review and confirm: Before finalizing your order, review all the details to ensure they are accurate. Once you’re satisfied, confirm the trade.
Note
NSA stock price today
Pros and cons of buying NSA stock
Pros
- Dividend income: REITs like NSA are known for paying dividends to shareholders. This can provide you with a steady stream of income, making them an attractive option for income-oriented investors;
- Diversification: Investing in NSA can add diversification to your portfolio. Self-storage properties have demonstrated resilience during economic downturns, as people and businesses often require storage space regardless of the economic climate;
- Liquidity: NSA is a publicly traded stock, which means it can be bought and sold easily on the stock market. This liquidity allows you to access your investment when needed.
Cons
- Interest rate sensitivity: REITs are often sensitive to interest rate changes. When interest rates rise, the appeal of dividend-yielding stocks like REITs may decrease;
- Market volatility: Like all stocks, NSA’s stock price can be subject to market volatility. Be prepared for price fluctuations, and consider your risk tolerance;
- Tax implications: REIT dividends are typically taxed as ordinary income, which could have tax implications for your overall tax strategy. Consult with a tax professional to understand the tax impact.
Common mistakes to avoid when investing in REITs
Investing in REITs, such as National Storage Affiliates, isn’t without its challenges. It’s key to, therefore, avoid making common mistakes, such as:
- Not conducting adequate research: Failing to research the specific REIT and its underlying properties can lead to poor investment decisions. Be sure to understand the company’s financial health and its growth potential;
- Ignoring diversification: Overloading your portfolio with a single REIT or real estate sector can lead to a lack of diversification. Diversify your holdings to spread risk;
- Neglecting tax considerations: REITs have unique tax implications, so consult with a tax advisor to optimize your tax strategy;
- Chasing high yields: While high dividend yields are attractive, they can sometimes be unsustainable. Avoid the temptation to chase extremely high yields without considering the underlying financial health of the REIT.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy National Storage Affiliates stock
Is National Storage Affiliates a good investment?
National Storage Affiliates can be a good investment for those seeking exposure to the self-storage industry and steady dividends. However, like all investments, it comes with risks, so thorough research is essential.
How often does National Storage Affiliates pay dividends?
National Storage Affiliates typically pays dividends on a quarterly basis, but specific payout schedules can vary.
What is the minimum investment in National Storage Affiliates stock?
The minimum investment in National Storage Affiliates stock depends on your chosen brokerage’s requirements. Hence, be sure to check with your selected brokerage for this information.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
