Singapore’s core inflation last month hit 4.8 per cent, the highest since end-2008. High inflation doesn’t just mean higher prices – you also risk losing your purchasing power if your income fails to keep up with the inflation rate. Investing can be a good way to hedge against inflation. But where to start? What to invest in?
In this column, Mr Abel Lim, the head of wealth management advisory and strategy at UOB, answers some of your key questions on investing. Mr Lim, 51, oversees the bank’s overall approach and strategies for managing the wealth of a broad spectrum of clients. He was previously head of investment sales and advisory for UOB, and has worked in the bank for 14 years.
source https://netdace.com/latest-news/whether-youre-aged-20-or-50-heres-how-you-can-start-investing-amid-uncertainty/