Are you holding CASH and holding back on Investing for your retirement?

In The Business Times (19 Jul 2021) article titled "Saving too much for rainy day can dampen retirement", it addresses how holding too much cash in a person's portfolio can dampen and impact one's retirement plan.

In short, throw out the traditional methods that our parents used to abide by, "Save up for your future, hoard CASH". The new era of retirement is a savvier one, "Engage  our cash to work harder for us. Let our income create assets that will eventually create income for us."

There is certainly 𝙤𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙮 𝙘𝙤𝙨𝙩 to holding cash compared to potentially gaining higher returns through investment or endowments. Over time, this could lead to 𝙙𝙚𝙡𝙖𝙮𝙚𝙙 𝙧𝙚𝙩𝙞𝙧𝙚𝙢𝙚𝙣𝙩 if the individual holds too much cash for extended periods of time.

Breaking NEWS: If you only rely on your savings, your savings ᴡᴏᴜʟᴅ ʟᴀɢ ɪɴғʟᴀᴛɪᴏɴ ʙʏ ᴀʙᴏᴜᴛ 𝟯𝟱%.

It is true that if our bank interest rates continue to give us less than 1% and inflation hovers at 2%, inflation may ebb away our purchasing power and we are literally not being good stewards of our monies.

Investors should not be looking to time the market to capture returns but 𝙛𝙤𝙡𝙡𝙤𝙬 𝙖 𝙩𝙞𝙢𝙚 𝙞𝙣 𝙢𝙖𝙧𝙠𝙚𝙩 𝙖𝙥𝙥𝙧𝙤𝙖𝙘𝙝 𝙖𝙣𝙙 𝙞𝙣𝙫𝙚𝙨𝙩 𝙤𝙣 𝙖 𝙧𝙚𝙜𝙪𝙡𝙖𝙧 𝙗𝙖𝙨𝙞𝙨, to ride our short term fluctuations with peace of mind.

You may have a full read on this article here.

What is emergency cash? How to invest in this choppy market!

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