Living in Singapore can be an expensive affair. It’s almost impossible to avoid the upward march in the prices of goods and services year after year. Salaries, bonuses and wages, however, may not rise in tandem with expenses. In fact, with the COVID-19 pandemic as a backdrop, the availability of jobs may be reduced and salaries may also be cut. In short, it’s tough trying to grow our money as economic conditions get increasingly challenging. To add to the pain, inflation is slowly but surely eating away at our hard-earned cash. Even as we sock more cash into our bank accounts, banks pay out a pathetic return due to falling global interest rates. So, how do you prevent the erosion of your wealth and set yourself up for a stream of passive income when you retire? The answer to that is to build a robust, income-generating portfolio that will last you for a lifetime....