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Should you hold cash or invest it?

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Singapore dollar notes in 2, 5, 10 and 50 denomination.

Holding too much cash can be detrimental as it limits how much your entire portfolio can grow in value over time.

PHOTO: BT FILE

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SINGAPORE – Sam and Serena are like many Singaporeans in that they knew the importance of savings from an early age.

“You have to look after yourself. Don’t expect anyone to look after you,” was a common refrain in their humble households when growing up.

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