Hi Moo Moo Community,  upcoming Fed rates if cut will defini...

Hi Moo Moo Community, upcoming Fed rates if cut will definitely affect way we spend. In Singapore, it will affect banks' interest rate and economy. Personally, the living cost currently is on the rise. Eating out in Singapore has seen a rise in food prices coupled with the recent announcement of yet another increase in fares for public transport. Guess will have to adjust my spending habits from dining out to more home cooked food. However, one should not cut down on investment as it is one way of making your money work harder for you and a source of growth in income. Just need to balance and diversify your investment of bonds, funds and equity. I will go for more government treasury bills and blue chips stocks.