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My vision is to create a cohesive group for my family of financial planners to better serve our clients. You may wish to read more in our page “Why our Blog”

Coming from a person who is suffering from a mild genetic disorder, I have experienced the importance of how insurance has dramatically shaped my life. My mission is to share with you readers the importance of Retirement Planning, Risk management and Wealth Management before we ever live to regret our lack of planning.

No one wants to outlive their money. No one plans to fail. Let us not fail to plan. Should you have any query, please do not hesitate to drop me an email - asoongch@income.com.sg Mobile - 96667946. As a family of agents, we are committed to providing you the best value - Alvin Soong

8 Steps to beat Inflation

May 22nd, 2008 by ALVIN SOONG

CPI in Singapore is at its 26th year high. Here are some of the steps to beat inflation (disclaimer that it may not be the best or safest way):

1. Refrain from holding too much cash
2. switch from cash and fixed income based portfolio to balanced one that invests in equities and bonds to generate higher return
3. Consider higher risk and thus higher yielding and inflation-linked fixed income securities given the threat of inflation.
4. Take advantage of currency appreciation of inflation targeting countries (eg Singapore, Russia, Middle East)
5. Dump meagre Singapore dollar fixed deposits for higher yielding foreign currency deposits which may give 10x more interests.
6. invest in certain safer stocks, equities and unit trusts with good fundamental values,
7. Take exposure to to soft commodities during price dips to hedge against food inflation.
8. Consider real estate and alternative investments lastly when all fundamentals including insurance protection and necessities have been taken care of.

Summarised slighly from The Edge with additional personal info and experience.

2 Responses to “8 Steps to beat Inflation”

  1. on 23 May 2008 at 7:41 am   nanjundesha

    Hi,

    I was very impressed to read this blog, its very informative. Even I started a blog of similar kind here in India targeting all the indians. I want to do lot of research and explore financial market.

    Regards

  2. on 23 May 2008 at 9:52 am   ALVIN SOONG

    Thanks Nanjundesha for your encouragement.

    I am constantly upgrading my knowledge and impart/share with my readers/policyholders to give them the best value in financial matters.

    Wishing you great success in doing the similar things for your compatriots in India.

    Rgds
    Alvin Soong

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