My answer โ both. Reason 1- US stock is for capital growth and SG stock is for dividend. Letโs compare S&P500 ETF SPY and SG REITS ETF CLR. If taking look at Past 5 years performance of both, SPY -50% capital increase (10% p.a.) vs. CLR -less than 1%. But SPY dividend is less than 2% plus 30% Tax vs. CLR (4% without tax) Reason 2 - US stock has higher pullback than SG REITS during downtrend. Taking look at the 1 year trend comparison between SPY and CLR. From peak to bottom so far, the drawdown is about 25% for SPY and ~14% for CLR. The difference is about 10%. Reason 3 - never ever put all eggs into one basket. ๐What are your opinions? Do share with me. Wish all ๐