The original version of this article first appeared in The Business Times. The failure of Silicon Valley Bank and the takeover of Credit Suisse spooked the global financial industry. But for the most part, Singapore and the wider Asian region have been largely shielded from the spillover effects of the banking turmoil in the United States and Europe. Nevertheless, against what feels like a continued deluge of bad news and prolonged market uncertainty, investors in Singapore are ostensibly cautious — almost nervous — about their next steps for the year ahead. As the latest Endowus Wealth Insights Report 2023 reveals, this anxiety can often lead us to make emotionally charged decisions about our money. Importantly, the study found that inflation and rising prices of goods and services remain the biggest financial concern in 2023 for most respondents in Singapore (86%) across all age categories. This was also seen in Hong...