Living Cost Are Rising
While a Fed rate cut could offer some relief, it’s important to consider the downside of a weaker Singapore dollar. To protect against currency risks, I’ll focus on diversifying my investments into stable assets.
With high living costs, I’ll prioritize essential expenses and cut back on non-essentials. I’ll also be more mindful of discretionary spending, explore cost-effective alternatives, and increase investments in REITs and bonds to benefit from lower interest rates while keeping my portfolio balanced.
With high living costs, I’ll prioritize essential expenses and cut back on non-essentials. I’ll also be more mindful of discretionary spending, explore cost-effective alternatives, and increase investments in REITs and bonds to benefit from lower interest rates while keeping my portfolio balanced.
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