With high inflation, low birth rate, volatile stock market.... There is one thing for sure.
We need to be careful with where we put our money.
There are still instruments where the money can work harder than us.
For a start, good to have 6 months expenses in the bank.
With current situations, if you have existing investment, better to get reviewed by a qualified financial advisor. (in terms of priority from top to bottom - personal view only).
Independant Financial Advisor (at least 5 years)
Private banking investment Specialist
Insurance Agents (who been around for more than 10 years)
Priority Bankers/Relationship managers
Personal Bankers
Mother-in-law
Spouse
Look for those with Master in Finance, Certified Financial Planner, Chartered Financial Analyst, title.
For those who still have a lot of liquid investment, can consider the following.
1) buy near monopoly company shares
SGX, SPH...
2) alternative investment
Canada Land, Hedge Fund, Currency...
3) for affluent bros,
Equity Linked Notes, Dual Currency Notes...
so much for now. I'm not really the best around, but knows a bit to share. feel free to comments and add.
chaos.
We need to be careful with where we put our money.
There are still instruments where the money can work harder than us.
For a start, good to have 6 months expenses in the bank.
With current situations, if you have existing investment, better to get reviewed by a qualified financial advisor. (in terms of priority from top to bottom - personal view only).
Independant Financial Advisor (at least 5 years)
Private banking investment Specialist
Insurance Agents (who been around for more than 10 years)
Priority Bankers/Relationship managers
Personal Bankers
Mother-in-law
Spouse
Look for those with Master in Finance, Certified Financial Planner, Chartered Financial Analyst, title.
For those who still have a lot of liquid investment, can consider the following.
1) buy near monopoly company shares
SGX, SPH...
2) alternative investment
Canada Land, Hedge Fund, Currency...
3) for affluent bros,
Equity Linked Notes, Dual Currency Notes...
so much for now. I'm not really the best around, but knows a bit to share. feel free to comments and add.
chaos.