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REITs can be part of your portfolio but not your entire portfolio
By Careyourpresent  •  September 28, 2023
Many Singapore Investors love Real Estate Investment Trust (REITs)! Why? Because they are mandated to pay out at least 90% of their taxable income as dividends. As a result, one would have dividends (money) credited into their banks at quarterly basis or half yearly basis. Hence, there are many “gurus” out there who ask their “followers”, “disciples” etc to buy REITs for their retirement so that especially when one retire, the REITs can provide the cash flow for daily expenses. If the cash flow exceeded your expenses, you can enjoy Financial Independent! Reits are part of the reasons why many say Dividend Investing is Dangerous. However, are REITs really that good? really that reliable as a source of regular cashflow income? What are REITs? A Real Estate Investment Trust is a company that owns, operates, or finances income-producing real estate across various sectors such as residential, commercial, industrial, or hospitality....
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By Careyourpresent
My name is Edmond Ng and I am 39 years old in year 2022. I am the founder of Careyourpresent site. I am a believer of Caring your Present and treasuring your time with your love ones. Most of the time we are busy with work, spending your precious time pursuing something which you don’t like but have to do in order to earn a living. Hence, please Love and Care for your PRESENT!
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