We connect you with financial experts, so you can focus on your goals.

Singapore
Joined September 2022
How to Build an Investment Portfolio in 4 Simple Steps Your investment portfolio can start small yet still be very effective, and you don’t have to do it alone. Your investment portfolio is a collection of all the financial assets you own. 1)
2
1
1
150
2) Steps 1 to 4: 1. Determine your asset allocation 2. Open appropriate accounts 3. Pick from respective asset classes 4. Reassess and rebalance periodically
1
74
3) Consider the help of Financial Advisors and Robo Advisors. MoneyFitt offers engaging personal finance content and a matching service to speak with the experts you need. No commitment, no hard sell. Learn more about MoneyFitt's upcoming launch at: moneyfitt.co
47
Is $AAPL becoming a bank? No! Why would they want such volatile and puny, highly regulated returns? Already the largest company in the world by market capitalisation at US$2.6 trillion (next is Microsoft at $2.1tn), it's over 6X bigger than JP Morgan Chase, world's biggest bank.
1
45
More importantly, its return on equity (ROE), the earnings it makes per dollar of shareholder money invested, is off the charts compared to what banks make. JPM made 14% in the last 12 months, and that's very good! Both $C and $WFC made 7.6% and $CS made -16% (OK, not fair.)
42
But what are Investment Grade and Junk Bonds? Investment grade bonds are a type of debt security that is considered to be of high credit quality and is therefore a relatively low-risk investment.
1
34
Investment grade bonds are issued by companies, municipalities, and other entities, and are typically rated "BBB-" or higher by credit rating agencies Standard & Poor's and Fitch and Baa3 or higher by Moody’s.
30
A historic series of inflation-busting rate hikes turned what was a rapid but normal drop in deposits into an implosion of the bank’s balance sheet, causing a full-blown “bank run” as all the other depositors ran for the exits
1
35
The fear remains that other smaller or even large regional banks will see the same as depositors shift their money to giant banks (perceived as safer) and cause similar runs elsewhere (around the world).
16
Lucid reported an 18% slump in reservations in the last quarter and forecast 2023 production to be more than 40% lower than expected by Wall Street's Finest. Rivian forecast 2023 production a quarter lower than expected, both citing supply chain issues...
1
30
But, more worryingly, both halted their past practice of reporting current orders, which is a massive red flag. Nikola simply reported that weak demand would not ease any time soon, after delivering just 20 of the 133 trucks it built in the fourth quarter.
25