Singapore Post

[greengiraffe]

The market can stay irrational longer than you can stay solvent.

Well, if the market now can only offer 4% dividend, and REITS are not an option, then the fund managers who have to follow their funds objective, will have no choice but to buy into banks, telcos, singpost to give them the yield they are looking for.

Basically TINA:

http://en.wikipedia.org/wiki/There_Is_No_Alternative

There is no alternative (shortened as TINA) was a slogan which Margaret Thatcher, the conservative British Prime Minister used often. In economics, politics, and political economy, it has come to mean that "there is no alternative" to economic liberalism, that free markets, free trade, and capitalist globalization are the best or only way for modern societies to develop.