atans1

Cash doesn’t produce a return

In Financial competency on 18/02/2022 at 2:10 pm

But holding cash allows traders to avoid volatility in other assets.

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  1. If you show a chart of SGD money market fund, it will be a flat line near zero throughout the last 12 years lol.

    Cash is for the following:
    1. Acts as portfolio ballast.
    2. Acts as mental ballast.
    3. Acts as war chest.

    Reply
    abc 18 February 2022 at 2pm

  2. Re GST looks like we were both wrong.

    8% in 2023 and 9% in 2024.

    I was expecting 2022 & 2023 respectively.

    Looking at all the taxes & fee hikes etc. seems 2024 onwards will be the start of the crunch years.

    Reply
    abc 18 February 2022 at 5pm

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