Pim van Vliet

Between 1900 and 2024 using US data, inflation averaged 3 per cent a year. This means US$1 eroded to less than 4 cents - a loss of more than  96 per cent in purchasing power.
INSIGHTS FROM CFA SOCIETY SINGAPORE

No safe assets over the long run – but some lose less than others

History suggests the best protection comes from diversified investing, including a meaningful allocation to steady stocks

NEW YORK, NEW YORK - NOVEMBER 12: Traders work on the New York Stock Exchange (NYSE) floor on November 12, 2024 in New York City. After closing at record highs yesterday, the Dow was down slightly in morning trading.   Spencer Platt/Getty Images/AFP (Photo by SPENCER PLATT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
INSIGHTS FROM CFA SOCIETY SINGAPORE

Invest smarter – escape the benchmark trap

Focus on fundamentals and essential risks to unlock hidden value and achieve long-term performance