Reit or stock etf for long-term and which broker is best?

REIT ETF if you are looking for cash flow passive income.

Stock ETF for capital gain.

Do note that we need much more invested to generate a significant enough passive income sustainably.

A dividend yield of about 3-4% is more fair to manage expectations over Market cycles.

A 1 million dollars portfolio will generate about $3k per month with a 3.6% yield

IWDA is a lot more diversified compared to Lion-Philip S Reit ETF. IWDA provide exposure to many different countries and sectors, while the Reit ETF only provide exposure to Singapore Real Estates companies. Additionally, IWDA reinvests the dividends making it easier for you.

Since IWDA invest in foreign countries, there will some additional risk such as currency risk.

IWDA should have higher growth potential tho, but nobody can accurately predict the future. In your case, I will invest in IWDA instead