Dear readers, as Singapore’s Presidential Election draws closer, Singaporeans are reading more and more media articles on the three Presidential hopefuls: former Senior Minister Tharman, former GIC Chief Investment Officer, Ng Kok Song and Harvey Norman founder, George Goh.
In many of these media articles, we read about the thoughts and thinking of the three President hopefuls, mainly on how each will distinguish themselves from the other President hopeful if qualified for the Presidential Election, as well as on some other causes that they could champion.
One thing I would hope to hear from Presidential hopeful Ng Kok Song is on how Mr Ng would think the average Singaporean should invest with an aim to multiply wealth. Mr Ng’s take on the aforementioned question will be valuable and interesting given that he was the former Chief Investment Officer of GIC. I wonder will there be some parallels that can be drawn from investment in the corporate world with personal investment?
I am not looking at very specific sharing e.g. allocation of asset diversification (e.g. how many % bonds and how many % stocks), or geographical diversification on investment (even though Singapore may not be the most exciting market) but just some general guidance.
For example, for myself, I will always encourage all to Save as much as possible and use the Savings to one’s advantage: e.g. beside acting as buffer in terms of economic or career downturn, these Savings can become an investment warchest in times of market corrections or deployed to the better wealth-creation mechanism in line with the times; e.g. the decent interest rates from fixed deposits, T-bills currently.
So perhaps, it is interesting to hear from Mr Ng on how Singaporeans should invest.