The ABCs of Singapore Reits (Amended)
Young Singaporeans can invest in real estate and enjoy its yields, through real estate investment trusts.
THE greatest financial asset of youth is time. By investing early, one can have at least 30 years to accumulate a sizeable amount of savings that can go towards retirement. Coupled with the power of compounding, investment funds can grow to be substantially large when one retires.
Historically, the two most promising asset classes that grow above the rate of inflation are stocks and real estate. So logically, the best way to preserve one's purchasing power is to put savings in equities and real estate, and mutual funds investing in these.
While investment in physical real estate is one option, it is easier said than done. With Singapore known for being one of the places with the most expensive property prices around, it seems almost impossible to accumulate enough cash to invest in physical real estate.
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