Bringing up a family isn’t easy these days.
The prices of food, electricity and gas have all risen as Singapore reports its highest core inflation in nine years of 2.4% in January.
And that’s not all.
During last month’s Singapore Budget 2022, the government announced that the Goods and Services Tax (GST) will be raised from the current 7% to 9% by 1 January 2024.
With higher expenses beckoning, how can you make your money work harder?
One way is to park your capital in well-managed blue-chip stocks that are not only resilient but also pay out a dividend that beats inflation.
Here are five that should make it to your investment watchlist.
Hongkong Land Holdings Limited (SGX: H78)
Hongkong Land Holdings Limited, or HKL, is a major property investment, development and management group that owns and manages more than 850,000 square metres of prime luxury retail property in cities such as Singapore, Hong Kong, Jakarta and Beijing....