Dear readers, in the current economic environment, we are noticing two trends.
First, stock markets all over the world are becoming more and more volatile.
Second, interest rates are getting higher and higher, with many financial institutions joining the bandwagon to offer higher interest rate products to customers.
Against this backdrop, it definitely seems less appealing for investors to be vested in the stock markets to experience the volatilities that the stock markets are experiencing. Definitely, for Reits and Trusts, they have become less appealing as other saving products catch up on interest rates.
And it seems a safe bet for investors to deploy their capital and liquidity into savings products to enjoy the good interest rates.
Well, definitely, go where the monies go right now is a good strategy. But it is precisely right now that many financial institutions want your monies now, that all the more you should ensure that you have some liquidity on hand, to take advantages of the stock markets corrections when it happen.
Continue to build up an investment warchest! Don’t lock all your savings into fixed deposits with a long maturity term.
Cash is King when all investors are fleeing the stock markets: with cash on hand, you can bargain good stocks at very attractive prices.
Now this is the one way to grow your monies that nobody is telling you, except for a handful like me.