HUAT with DBS in Year of the Dragon! Investing in DBS for income? Rejoice!

UOB is set to GROW! OMG! FOMO and BUY now?

OCBC ups dividend by 5%! $7 billion net profit!
Wednesday, February 28, 2024

Why AK might BUY more OCBC shares?

What is a T-bill ladder? SENSIBLE competitive bids!

YIELD EXPANSION! Time to invest in REITs? What is my PLAN?

Total $231,495 passive income in 2023! What am I doing in 2024?

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A simple strategy. Published in 2012.

How to become a millionaire?

$1.1 million in CPF savings!

Passive income equals earned income!
Simple but challenging strategy to become rich!

Survivability & opportunity in times of distress:

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LEARN ABOUT: Investing During Inflation

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

Inflation and interest rates are two economic indicators that can have a significant impact on the financial well-being of individuals and businesses. When inflation and interest rates are high, it can lead to decreased purchasing power, higher borrowing costs, and overall economic instability.

Currently, inflation and interest rates are staying stubbornly high, leading to concerns among economists and financial experts. Inflation, which measures the rate at which prices of goods and services are rising, has been on the rise in recent months. This can erode the value of money and lead to higher costs for consumers.

High inflation can also prompt central banks to raise interest rates in order to control inflation. Interest rates, which determine the cost of borrowing money, have been on the rise as central banks try to combat inflation. This can make it more expensive for individuals and businesses to take out loans, leading to decreased spending and investment.

The combination of high inflation and interest rates can have a negative impact on the overall economy. Businesses may struggle to stay afloat as their costs increase, while consumers may have less purchasing power as prices rise. This can lead to a decrease in economic growth and overall financial stability.

It is important for individuals and businesses to be aware of the current inflation and interest rate environment and to take steps to mitigate any potential negative impacts. This may include budgeting effectively, seeking out lower interest rate options for borrowing, and investing in assets that can help protect against inflation.

Overall, it is crucial for everyone to stay informed about the state of inflation and interest rates and to be prepared for any potential economic challenges that may arise. By staying vigilant and taking proactive measures, individuals and businesses can navigate the current economic environment with greater confidence and stability.