In the four years through 2012, investors poured $3.9 trillion into emerging markets, outstripping the $3.1 trillion ......
The premise for this REIT appreciation seen in the Singapore stock market has been this global cheap money search for a safe yield.
These REITs are the most visible out of the Singapore stocks.
If you have chased these REITs up with only analyzing the REIT fundamentals and the yield and not thinking about the price you pay for them, you may be left with holding these assets at this price for a prolong period.
Think about this, absence of this cheap fund flows, what would cause your REITs to go back to that price.
REITs are not bad investments, but in all assets there is always the evaluation of price and value.
The IPAD is a great product but if you purchase it at $3,000, would that be great value?