Equity used to buy a home for occupation can be deployed to build a retirement nest egg of quality stocks
[SINGAPORE] Interest-rate movements in Singapore are not directly co-related with those in the US.
Still, could the US Federal Reserve’s hike of its benchmark overnight interest rate in mid-September with indications of further hikes in the coming months herald an era of higher interest rates over a prolonged period in many places including Singapore?
For sure, retirees here may welcome higher interest rates as they can get better returns from safe instruments such as Singapore dollar fixed deposits or treasury bills.