S1E281: The mass affluent trap: too rich for retail, too small for private banking
About this episode
The episode discusses the challenges faced by the mass affluent in managing their investments and the importance of not letting cash idle due to inflation.
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 --- Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg. --- 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 --- Follow BT Money Hacks podcasts every Monday: Channel: bt.sg/btmoneyhacks Amazon: bt.sg/mham Apple Podcasts: bt.sg/oeXe Spotify…
More episodes of BT Money Hacks
- S1E285: The $70,000 question: how to master your family's new financial tailwind
- S1E284: The raise paradox: why earning more never feels like enough
- S1E283: Singapore stocks aren't boring anymore — here's the proof
- S1E282: Behind the institutional veil: what your bank doesn't want you to know about asset allocation
- S1E280: Market noise vs real signal: are you investing or just guessing?
- S1E279: Artificial sycophant or financial genius? When to trust AI
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