Money Is Required In Our Daily Lives

While some may argue that 'life is not all about money', the increasing cost of living in Singapore has no doubt put a greater pressure on our need for more money! Money is required to service our housing and car loans, pay income taxes, pay bills, as well as to start a family and to provide for our children. Moreover, money is still required for our day-to-day lives when we retire, which is also when our inflow of salary has ceased. Imagine how great it will be if we are able to meet all these financial commitments and still have the excess capital to pamper ourselves once in a while!

Match Or Beat Inflation

When it comes to the value of money, inflation is everyone's biggest enemy, as it diminishes the real value of money. Put it simply, the increase in prices puts us in a situation where lesser things can be bought with every dollar as compared to when prices were lower! On a larger scale, this phenomenon no doubt reduces our quality of life! As revealed by data from the Monetary Authority of Singapore (MAS), the average savings deposit rate of Singapore banks and that offered by finance companies almost always fall below the rate of inflation during economic booms and often pale in comparison to the returns money invested can potentially generate! These observations thus underscore the value that investing is able to bring to the table!

Reduce Stress On Achieving Retirement Goals

With the potentially greater returns that investments can garner over time compared to savings deposits and storing our cash in a biscuit tin, investing is no doubt a good consideration when striving to achieve our financial goals for retirement.

At FSM Global, we are advocates of growing your retirement tree early! The longer one waits before growing his money, the greater he has to invest in order to achieve his desired financial outcome when he retires. Thus, in order for him to achieve (and possibly over-achieve) his desired financial outcome much more comfortably with lesser stress in his later years, it is advisable that he starts growing his money when he can.

Reduce Opportunity Costs

Aside from increased stress in one's later years when striving to achieve his retirement financial goals, procrastinating on investing also increases his opportunity costs. The longer one waits before growing his money, the greater the potential returns forgone!

FSM Global Helps Reduce Transaction Costs!

A hidden cost of investing, no doubt, is the payment of commissions to brokers when buying and selling stocks! At FSM Global, we believe in assisting you to maximise your returns by reducing transaction costs! Thus we advocate a do-it-yourself investing style, where brokerage fees are eliminated. Furthermore, we believe in charging low sales charges so as to further reduce transaction costs and maximise returns on each investment!

Let's Begin On Our Investment Journey!

It is never too late to start investing, as starting is always better than never. With the above points mentioned, you may feel ready to jump in and start investing. Yet, there are several important things that you would need to know about yourself first. Read the next section, 'Your Investor Profile' to find out more!