Two simple methods to fight inflation

Hello Mooers,

Welcome back!
In today's short discussion, we will be discussing two simple ways to fight inflation.

Without further ado, let's begin.

Method 1: Buy discounted goods in bulk
The first method is to buy goods & groceries that are discounted and at the same time buy them in bulk. This way, petrol / travel costs can also be reduced as less travel trips are made.

Method 2: Investing using MooMoo platform
Besides buying discounted necessities in bulk, Mooers can fight inflation by investing using the $Futu Holdings Ltd (FUTU.US)$ MooMoo platform, which  offers various investment assets such as stocks, bonds and even Money Market Fund (MMF).

Some of us may want to take a break as the current market can be too volatile, which may further result in more losses. However, they do not want their money to idle during these high inflationary times.

Therefore, investing in MMF would definitely be much better than putting it into saving deposits that barely earns any interest. This is because MMF currently offer better returns than savings deposits and are more flexible than fixed deposits.

Some examples of MMF offered by MooMoo:
$Fullerton SGD Cash Fund (SG9999005961.MF)$
$CSOP USD Money Market Fund (SGXZ96797238.MF)$

We have come to the end of this discussion. Before you go to my next post, please remember to vote how much (in USD equivalent) you had already invested in MMF.

Oops... wait a minute. Do you know that there is a puzzle game going on in the MooMoo platform this Sep 2022 where you can earn some MooMoo points. Do click on any of the two links below to find out more.

You Draw & I Guess (10 Sep 2022)
Puzzle 1
Puzzle 2

Last but not least, remember to show your support by follow, like, share and comment on this post.

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