TSLA
Tesla
-- 421.060 NVDA
NVIDIA
-- 134.700 PLTR
Palantir
-- 80.550 AMD
Advanced Micro Devices
-- 119.210 QUBT
Quantum Computing
-- 17.620 
Saving or investing, your choice?
In 2022, market forecasts have pushed back the first Reserve Bank of Australia (RBA) rate hike from June to July and now catch rates at 1.0% by year-end rather than 1.25%. Meanwhile, the yield on three-year bonds has fallen 20 basis points to 1.36%. Moreover, the RBA has kept rates at 0.1% throughout and reiterated its patience with policy.
On the other hand, Su-Lin Ong, chief economist for Australia at RBC Capital Markets, noted that households had now built up excess savings of around A$28 billion, or 13% of GDP. She expressed that solid household balance sheets could support market expectations for above-trend and robust growth in 2022.
Based on current policies, would you choose to join the savings team or embrace investments with higher returns?
On the other hand, Su-Lin Ong, chief economist for Australia at RBC Capital Markets, noted that households had now built up excess savings of around A$28 billion, or 13% of GDP. She expressed that solid household balance sheets could support market expectations for above-trend and robust growth in 2022.
Based on current policies, would you choose to join the savings team or embrace investments with higher returns?
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Talklili : After all, investment brings more benefits.
Moomoo AU OP Talklili :