There are some days you wonder why a product so obvious no one has thought of to create.
It will be popular.
And it solves some of the problems we face now.
I am referring to a passive exchange traded fund (ETF) that tracks a local or regional real estate investment trust (REIT) index.
Currently at this moment, there is no such a product, but there is a REIT index. Its name is called SGX S-REIT 20 index.
And what we are hearing is some hearsay that an ETF like this might be approved.
Here is my case why a REIT ETF like this will be very beneficial to the Singaporean Wealth Builder, whether you are starting off with $1400/mth or have build up a lump sum of $500,000 in wealth, at a time when you are near to financial independence.
For reference, do review the SGX news on the ......