<prompt> Human: Hi, So I have some sort of a bias to investments with consistent yieldsdividends thus I like REITs. What is the logic here am I over levered in this category since I have a mortgage. Across my accounts I am basically 15 VNQ REIT, 15 BND BONDS, 70 VTI STOCKS. Yes, I keep BND VNQ in tax advantaged accounts. From looking historically real estate has a high correlation with stocks, so this may not be a bad investment. REITs are also much more liquid than my house...If people are going to comment on my lack of international funds, I do not think it is a big deal as companies are very globalized now and economies are very connected. Also I think American companies are will continue to perform better, so with the high correlation to other countries in reality I am only slightly overweight US. Thanks!EDITTo be clear I am asking:Whether having REITs is a bad idea when I also have a mortgage because I might have to much exposure in my allocation to real estate?  <response>: It really depends on that type of real estate that your REITs work in. Not all real estate is the same and some types do very well in down markets for example, if mortgage interest rates go up, apartments will be in higher demand.Just because youre holding a mortgage which should be a very long-term single investment that youre also getting immediate utility from, it shouldnt mean that you avoid any other real estate related investment.That Vanguard REIT fund appears to be diversified across commercial, residential and hotels, but I dont have time to look up the exact mix. But even then, within a particular company, theyre likely diversified at least geographically different markets, if not in lines of business commercial vs. residential. For example, if a given REIT company has 200 apartment complexes in 2 dozen cities, they can weather a down market in Des Moines because theyve got stuff outside Boston buoying them. 