High interest rate – High inflation rate => Cost of production/service increases with lower productivity expected and possibly a reduction in wages. Time to really save your money! Summary: Artificial Wage increment through Govt subsidies over the last one year is likely to be short-lived as inflation/interest-rates continue to raise and as possibly bank-runs are likely to happen, liquidity (cash) will be king. Having money to buy every dip (allocation) is better than trying to catch a falling knife at one point (all in). Singapore Average Monthly Wage Post Covid, Average monthly wage have been risen significantly in a simulated scenario through Gov’t subsidies. This raise in wage caused a spike as big as the one in the early 2000’s. Interest rate [ 1 Year -> 20 Years] This is the first and longest rewind in interest rate – 16 years. Additionally, this is the sharpest and fasted increment in rates in the last 50 years – Last time an increment so sharp happen in 93-94, before it slowly dissipate....