Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.
The pandemic, current market conditions of sky high inflation, geopolitical tensions and supply chain issues have decimated many people's savings and a demographic particularly affected is the sandwich class: adults who have to care for dependent children and ageing parents, usually at the expense of their own financial health. How can they revitalise their retirement savings?
For more insights, correspondent Howie Lim speaks to Elson Goh, head of Asia portfolio management, St James Place.
Highlights (click/tap above)::
02:15 Financial achievements of Gen S affected by supporting parents
05:45 Factors affecting value of money and savings
07:40 How to hedge against inflation: beware cash drag
09:00 Know your risk appetite and diversify
11:00 Equities a key driver to long term growth
Produced by: Howie Lim (email@example.com) and Christopher Lim
Edited by: Howie Lim
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