Have forummer noticed that food portions are smaller while prices are higher. What used to be at S$3.00 is now at S$3.50. Those at S$2.50 is now at S$3.00. If inflation is at 5%, money sitting in the bank is losing value, with today interest at 0.5%.
With ZIRP policy in the foreseeable future. In the Singapore context, perhaps property is still a good bet, as reported that sales of private property is still high inspite of the cooling measures.
What about stocks and precious metals, such as gold or silver?
With ZIRP policy in the foreseeable future. In the Singapore context, perhaps property is still a good bet, as reported that sales of private property is still high inspite of the cooling measures.
What about stocks and precious metals, such as gold or silver?