The CENTsible Choice

19/09/2022

https://www.360financialliteracy.org/Topics/Investor-Education/Introduction-to-the-Markets/Why-Invest

19/09/2022

https://www.investopedia.com/ask/answers/why-should-i-invest/

Learn how investors hold the advantage over non-investors, with growing wealth allowing them to enjoy the lifestyle that others cannot afford.

19/09/2022

Historical data supports the idea that waiting can be riskier than investing right away. Since 1960, a strategy that waited for a 10% correction before buying the S&P 500, and then sold at a new all-time high, would have underperformed a buy-and-hold strategy by 80 times—yes, 80 times. Over the same time period, a strategy of investing immediately after a 20% drop would have delivered an average one-year return of 15%. An investor staying in cash for a year after a 20% drop would have earned 2%. This significant gap in performance also widens over time with the effect of compounding.

Click here to find out more:

Financial market coverage by the UBS CIO House View. Amid high levels of uncertainty, many investors are tempted to sit on the sidelines.

19/09/2022

https://www.straitstimes.com/business/banking/banks-see-surge-in-savings-account-openings-as-interest-rates-rise

Singaporeans are squirrelling away more money in the bank after local lenders raised interest rates on their flagship savings accounts. Read more at straitstimes.com.

19/09/2022

https://www.businesstimes.com.sg/banking-finance/money-market-funds-gain-popularity-with-investment-platforms-as-interest-rates-rise

FROM brokerages like moomoo to private market exchange ADDX, more investment platforms are offering their customers the ability to invest in money market funds as an alternative to holding cash. Read more at The Business Times.

19/09/2022

The SSB generates returns based on simple interest while the CPF accounts generate returns based on compounded interest, among other differences.

19/09/2022

11/03/2021

Don’t make a decision that you will regret tomorrow

7,351 clicked

27/02/2021

Quick tips for personal investments!

In light of the pace of Covid-19 vaccine rollouts and potentially hefty fiscal stimulus in the U.S., the BlackRock Investment Institute is opting for a more risk-on approach in 2021.

23/02/2021

Good read!

Financial planner Anthony Carlton says his richest clients are teachers and other unassuming professionals who have good money habits.

21/12/2020

Despite being one of the most expensive cities in the world, it is still possible to survive on a shoestring budget in Singapore, especially with these tips.