Some of us may have well forgotten the financial goals we set out to achieve for 2022. Take a breather, grab a drink, and ponder if you are still on the right track. Often, we mentally visualize how our plans would unfold into meeting our goals, but rarely following through with it as the year progresses. Having a checklist allows us to better craft a thorough and practical plan which can guide us ahead and keep us on track to our financial goals for 2022.
Last year, according to a UOB’S ASEAN Consumer Sentiment Study, over 6 in 10 respondents expressed uneasiness around rising household expenses and meeting long-term financial commitments. At the same time, Singaporeans have been growing their investments, with 38% of respondents putting in more money into investments in the last 6 months.
In uncertain times, we seek to protect what we have and prepare for challenges ahead. Planning for the year can help us better weather uncertain times and grow our wealth. Here is our checklist to keep you on track!
Going through the checklist will help us better understand our financial health and needs, and even identify areas of concern which was previously unnoticed. Often, involving an expert in the process can help us identify areas you missed and assist you in crafting a comprehensive plan. Speak to one of our friendly advisors today!
Diversify – which means to spread your eggs (investments) across more baskets, therefore reducing the risk of any single crashing investment from destroying your entire wealth. While simple in principle, this may be confusing for many of us.
Diversify – which means to spread your eggs (investments) across more baskets, therefore reducing the risk of any single crashing investment from destroying your entire wealth. While simple in principle, this may be confusing for many of us.
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When we speak of Accredited Investors, we often associate them with the rich and savvy that has access to exclusive investment opportunities beyond the reach of retail investors. However, it does not have to be so, and some accredited funds are well within reach of retail investors.
When we speak of Accredited Investors, we often associate them with the rich and savvy that has access to exclusive investment opportunities beyond the reach of retail investors. However, it does not have to be so, and some accredited funds are well within reach of retail investors.
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In recent months, headlines on rising inflation have brought new woes into discussions about personal wealth and finance. But what exactly is inflation and how does it impact you?
In recent months, headlines on rising inflation have brought new woes into discussions about personal wealth and finance. But what exactly is inflation and how does it impact you?
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