Dear readers, inflation and cost of living are going north.
In these current times, savings have become more important as the adage goes: Save for a Rainy Day!
I am a Saver myself and I have been tracking each and every single cent that I spend and save since my full time National Service Day.
Many people may not know, but do you know that for every $1 you save now; you could be actually getting more than $1.
How is it possible you may ask?
Well, the next stocks markets corrections, which is more than a decade in waiting is about to come.
When that happens, be sure you have already had an investment war chest ready to go bargain hunting buying and investing in stocks once they are at very attractive propositions.
So that when the stocks markets head up next, your $1 of savings invested into the stocks will become worth much more than the $1.
So, when some investors are still investing their monies into the stocks markets now, refusing to believe that the market downturn is already around the corner, the wise investors have already pulled their monies off the stock’s markets into their investment warchest. And during the time of waiting, they deploy their savings into good uses to earn some pocket monies through fixed or short-term deposits.
This is in fact the strategy that I am using right now. Not that I am a genius investor. Just that I have had lots of experience in the stocks markets and most importantly I have learnt the lessons that many investors have not learnt yet. And share with you here right here on SG Stocks Investing!
Thank You for your time! Have a Good Day ahead!