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MONEY WISDOM

A year in transition: Reflections on a challenging 2022

Spend below your means, move out of short-term volatility, and intentionally allocate money for important life goals today

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    • They key is to ignore short-term volatility and focus on the long term, and invest in a globally diversified portfolio.
    • They key is to ignore short-term volatility and focus on the long term, and invest in a globally diversified portfolio. IMAGE: PIXABAY

    Christopher Tan

    Published Mon, Dec 19, 2022 · 08:34 PM

    TRANSITION is the word that describes 2022 for me. In financial markets, we transited from low inflation to a higher inflation environment, from low interest rates to rising rates and from a raging equities market in 2021 to global markets doing badly this year.

    In terms of business, my firm sold off our stake in a joint venture and exited it completely in June.

    With the pandemic in better control, we also went back to the office on a hybrid arrangement where some days are in the office, and other days from anywhere, including overseas.

    Money Wisdom

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