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Get Smart: Are Fixed Deposits Worth Your Time?
By The Smart Investor  •  September 18, 2022
Wall Street has a fondness for acronyms. You may have heard some of them. There’s FOMO (fear of missing out) which was borne out of enthusiasm for meme stocks and the colourful but risky HODL (hold on for dear life) a typo which morphed into a rallying call for cryptocurrencies. Then, earlier this year, there was yet another acronym – TINA or “there is no alternative” which was in vogue. TINA, in a nutshell, represents the lack of choice on where you can park your money. The underlying implication was that stocks, which were then flirting with all-time highs, were the only viable option compared to the rest of the investment options.. In the background, bank deposit rates were dismally low. A rush of blood to the head Since then, the situation has dramatically changed. Rather than TINA, I would coin the new term “TATMA”, or “there are too many alternatives”....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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