Cash

COMMENTARY

The insidious risk in holding on to cash

Many investors say they do so ‘in case’ stocks tumble, but focusing on portfolio parts versus the whole is a dangerous mental error

Despite heightened uncertainty and rising living costs, nearly two-thirds of affluent investors in Singapore remain confident about achieving their long-term financial goals.

US$1.39 million: That’s the sum Singapore affluents say they need to retire comfortably

This is above the global average of US$1.05 million, according to an HSBC survey

Syfe estimates that SMEs are losing S$800 million in potential interest from funds being left in low-yield bank accounts.

For SMEs, Syfe thinks boring and safe products are the way to go

The wealth platform sees a 120% surge in business clients, as companies get more conscious about earning interest on their cash

Rather than letting cash sit idle, consider treating it as part of your overall portfolio strategy.

Is cash still king?

Inflation will quietly but steadily erode purchasing power, reducing wealth significantly

Entrepreneur Walter de Oude believes that every Singaporean has spare cash earning next to nothing. Chocolate Finance has stepped in as a liquid alternative with higher yields.

Chocolate Finance whets Singaporeans’ appetite for higher cash yields; assets approach S$1 billion

Founder says that platform has consistently maintained interest rates better than other alternatives, which is a reason behind its expansion

Prime Minister Paetongtarn Shinawatra says more than 3 million senior citizens were given 10,000 baht each (S$399), and the dole out will boost the country’s US$500 billion economy.

Thailand hands out US$890 million to elderly in boost for economy

Finance Minister Pichai Chunhavajira is confident growth will exceed 3% this year because of the stimulus measures and inflow of foreign investments

Let’s not forget that the United States has a population of 335 million. There are still 7.6 billion people that producers can sell to if the US decides to impose import tariffs.
DIARY OF A PRIVATE INVESTOR

Be prepared for a volatile four years

Stock-market volatility is only a problem if we do not know what we are invested in. Consequently, income investors should focus on cash flow

Like many other nations, Australia has been moving away from cash payments in favour of digital transactions, with Reserve Bank of Australia data showing that the use of banknotes for transactions is down.

Australia to safeguard cash payments as digital shift grows

AUSTRALIA will mandate businesses selling essential items such as groceries and fuel to accept cash payments, joining countries from Spain to Denmark amid the growth in more preferable digital payment...

Cash is the lifeblood of any organisation, vital for both day-to-day operations and supporting future growth.

Keeping your guard up in a not quite cashless world

Cash’s liquidity makes it vulnerable to fraud, mismanagement and error

Switzerland has long had an affinity for physical money and still has a 1,000 Swiss franc (S$1,522) note – one of the world’s highest-value notes.

Cash still king for Swiss businesses, central bank survey shows

CASH is still the most accepted payment method for Swiss businesses, the Swiss National Bank (SNB) said on Wednesday (Oct 9), despite plans by some companies to reduce their acceptance of notes and co...