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3 Reasons Why You Should Not Invest In Singapore REITs
While I am proudly Singaporean, I will never invest in Singapore REITs. This is because when it comes to investing for my future, I need to take emotions out of the equation and focus on the cold hard facts.
What are REITs?
Real estate investment trusts (REITs) are companies that own, operate, or finance income-producing real estate. They are required to distribute at least 90% of their taxable income to shareholders in the form of dividends, making them a popular investment for those looking for regular income from their investments. REITs can be publicly traded on a stock exchange or privately held, and they may focus on a specific type of real estate, such as residential properties, commercial properties, or mortgages. Some REITs own and manage their own properties, while others may only finance real estate. REITs offer investors the opportunity to invest in real estate without the need to directly buy and manage properties.
New Investing Environment
In recent years, the advent of online trading platforms like Syfe and Moomoo are allowing ordinary Singaporeans the ability to seamlessly invest in financial instruments traded on the New York Stock Exchange (NYSE)…