Dear readers, against the current economic backdrop, where should investors put their monies now?
In the stocks markets? Well, given the volatilities that investors are seeing now, I do not think it is a wise idea. Upside gains are really limited. And there are more downside catalysts than any upside catalysts. I have a short-term target for the Singapore stocks markets benchmark indicator STI to reach 2,500 first.
The best place investors should put their monies now is in the high interest fixed deposits to earn some pocket monies. These monies will be invaluable in the eventuality of any impact caused by the economic downturn. These monies will be also great as a warchest to invest in the stocks markets when markets corrections render many investors to flee.
The important point is for investors to not lock up all their liquidity into fixed deposits that give since this liquidity could be deployed to better uses when it comes to stocks markets corrections. This brings me to my final point.
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!
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