Working the savings harder in a time of high inflation

As inflation spirals and life costs a lot more than it did two years ago, it is time to make whatever money you have in the bank work as hard as possible, if not harder.  A common back-of-the-envelope calculation used by financial planners and experienced investors is “The Rule of 72” – which estimates the…
28 Oct 2022 4 mins read

Recession and inflation: Why the economy will worsen before conditions improve

Recession plus inflation. These are the ingredients for a perfect storm and Singapore needs to be prepared for a prolonged period of pain in the months ahead. While jobs remain plentiful in the country despite slowing economic growth, the situation may not last. Weakness in the US, Europe and China curbs demand for electronics components…
27 Oct 2022 4 mins read
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