Time has flown by quickly as 2022 also comes to a close.
It has been a roller-coaster ride for investors as markets exhibit significant volatility in the wake of inflation and rising interest rates.
The year started on a happy note but storm clouds have since gathered.
Prime Minister Lee Hsien Loong has now warned that a recession could hit our shores either next year or in 2024.
It’s not unusual for you to wonder if your portfolio is well-positioned to handle these challenges.
It’s not too late to make changes as there is still some time left before 2023 is upon us.
Here are three decisions you can undertake to fortify your portfolio against these headwinds as we step into an uncertain 2023.
Businesses with pricing power
In an era of heightened inflation, parking your money in savings accounts will almost surely erode your savings.
While it’s true that the three local banks have dangled attractive interest rates for their flagship...