S1E281: The mass affluent trap: too rich for retail, too small for private banking
Your cash isn’t safe just because it’s sitting still — it’s quietly losing to inflation while you wait for “the right time” to invest. Howie Lim gets StashAway’s chief investment officer (CIO) Stephanie Leung to explain why the mass affluent get the worst of both worlds, why gold just earned a permanent seat in your portfolio, and why timing the market is a fool’s errand professionals gave up on long ago. Stop parking your future. Start compounding it.
Synopsis: Every Monday, The Business Times breaks down useful financial tips.
Highlights:
01:03 The underserved mass affluent
03:24 Real world cost of idle cash
07:33 Rethinking the 60/40 portfolio
11:31 Singapore’s cash obsession
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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.
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Written and hosted by: Howie Lim (howielim@sph.com.sg)
With Stephanie Leung, chief investment officer, StashAway
Edited by: Howie Lim & Claressa Monteiro
Produced by: Howie Lim & Chai Pei Chieh
A podcast by BT Podcasts, The Business Times, SPH Media
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