Reader said...
Dear Mr. AK,
I am 56 and I started investing last year. I invested heavily in reits because of the higher yields and belief that they will fund my retirement.
However, I have been hit by a string of rights issues including the recent one from cache logistics. I don't have much spare cash and I am not prepared for these.
Now, I wonder if I made a mistake in using my cpf money to invest in reits too.
My brother in law told me that reits will take back all the money they give out as dividends and sent me a newspaper article on the topic.
I read your recent blog on your impressive passive income from reits. You are an expert on reits.
Could you help to shine light on this matter?
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