Dear readers, right now, the current environment is one of the Best for Savers, as banks and financial institutions, increase their fixed deposit interest rates one after another.
Singapore Savings Bonds has also bettered its interest rates as compared to previous years and it is really now a good time for Savers and a good time to Save.
Is it any wonder, that digital banks have also jumped on the bandwagon for a share of the savings pie of Singaporeans?
This is now time to go where flow of the money is now into Savings, Money and Fixed Deposits account. But this is also the time that savers should remind themselves not to overcommit their portfolio into these savings and liquids account or to be even locked into these.
When stock markets present a good buying opportunity, we do not want to have all our capital all locked up, unable to participate in the good investment opportunity.
It has been some time since I last commented on the stock markets. Right now, I don’t have a clear view of the performance of the stock markets other than that the stock markets for the rest of this year should hinge pretty much on the actions of the US Federal Reserves.
For those investors who have an urge to invest right now, I would advise to enter in tranches and to invest in ETFs like the Singapore STI ETFs just to invest in the overall market theme rather than any individual company for now since outlook for companies, in my opinion, is not clear.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!