DPM Tharman spoke yesterday on the sideline of a ribbon-cutting ceremony of Wong Fong's expanded office that Singapore had soft growth in the first half of the year and going forward he thought that the second half of the year will be weaker and hence Singapore's growth will probably end up somewhere in the lower end of the 1-2 per cent range.
While Singapore is currently not in a recession, the sentiments I gathered from many is that Singapore’s economy like the rest of the world is not as good as before currently. In these times, it is important not to overspend. Savings is important and so is making wise investments.
Speaking about investing one’s monies, I would think now is probably not really a good time for investments as upside seems “limited”. Investors should invest only when prices are good in stocks which they could hold for ......