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Singapore REITs To Buy in November 2023
By My Sweet Retirement  •  November 5, 2023
As usual, I will share the Singapore REITs To Buy in November 2023. In the Fed meeting last Wednesday, the Federal Reserve decided to hold the interest rates steady. Stocks, especially REITs rallied on the good news. The Fed shared that the key federal funds rate is expected to be kept in a target range between 5.25%-5.5%. As you can see from the US Inflation chart below, the inflation rate remained steady at 3.7% in September and October.
US Inflation Rates October 2023 US Inflation Rates October 2023 According to Fed Chair James Powell, his aim is to bring the US inflation down to 2%. This means that there can still be possibility ahead that the Fed increases the interest rate in the event the inflation rate doesn’t trend down on its own. What does this mean for REITs? It means financial costs goes up, offsetting distribution. Of course the share...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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