The ‘Golden Goose’ of Investments: Boost Your Wealth with Smart Park! August 22, 2024
Growing and preserving your wealth can be straightforward and stress-free!
Imagine leaving your idle fund alone to generate returns automatically, without you having to remember rollovers, unlike Fixed Deposits and Treasury bills! Sounds wonderful? Let me share how!
Over the years, I have had the privilege of helping a diverse group of clients build and protect their wealth, including:
- Retirees who seek stability and want their funds accessible without exposure to market volatility
- Savvy long-term investors aiming to continuously grow and diversify their investment portfolios
- Portfolio managers who allocate a portion of their clients’ assets for liquidity for estate planning
- Trust fund managers focused on preserving and growing their clients’ assets responsibly
- Traders looking for a secure place to park their funds while ensuring their idle cash continues to generate returns
- Savers who are uncertain and need guidance on how to best utilise their funds
- Passive investors who prefer a steady, gradual increase in their portfolio’s value
- Inflation-conscious investors focused on maintaining their money’s purchasing power
- Short-term investors seeking daily returns
With an abundance of investment products and services in the market, my clients often need guidance to identify the most effective and suitable options for their unique circumstances.
For clients seeking to achieve real growth in their portfolios that outpace current inflation, equities are often the best choice for those with a longer time horizon. Conversely, clients with a shorter time frame may benefit from reducing equity exposure and increasing allocations to short and medium-term fixed-income products.
Regardless of their investment styles, my clients often rely on Money Market Funds (MMF) such as SMART Park, PhillipCapital’s own MMF. MMFs are designed to maintain high liquidity, and to generate continuous returns. Much like a golden goose that constantly lays golden eggs! With SMART Park, there’s no lock-in period and investors are given the option for same-day withdrawals when submitted before the daily cutoff time. It is definitely a solution for investors who want the flexibility while preserving their purchasing power.
Imagine, your favourite chicken rice at a hawker centre costs S$3.50 a plate today but likely to cost S$4.70 in 10 years at an inflation rate of 3% . However, if you generate returns on your idle funds at a similar rate, you could potentially beat inflation and continue enjoying that favourite meal of yours.
In addition to our primary trading platforms, POEMS, clients can also access our Wealth Management platform, MyWealth App for a comprehensive overview of their wealth and returns.
Contributor:
Ellain Tan
Senior Financial Services Director
Phillip Securities Pte Ltd (A member of PhillipCapital)
https://bit.ly/TTPellaintan
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About the author
Ellain Tan
Senior Financial Services Director
Ellain is a Principal Trading Representative and Financial Services Director in PhillipCapital and leads a team of over 50 Financial Advisors.
With 19 years of experience, Ellain advises her clients on securities portfolio construction, investment, wealth accumulation, retirement planning, and more. She is also a Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), and Chartered Market Technician (CMT).
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