3 ways Singaporean investors are battling inflation

Investors said inflation is the main challenge in pursuing their new goals.

Over seven in 10 investors in Singapore have set new goals in the last 18 months, including improving health (38%), keeping up with rising lifestyle costs (35%), and pursuing personal projects and changing their lifestyle (34%); however, inflation has been hindering them from doing so.

Apart from inflation, Standard Chartered said other challenges impeding investors pursue new goals were the threat of recession (25%) and uncertainty in the global economy (21%).

In response to inflation, investors are investing in value stocks (39%), minimising cash savings (33%) and taking steps to protect retirement income (33%).

Half of the respondents (50%) are also investing in digital assets, with 37% looking to increase their digital assets in the next year. Some (47%) are also investing in sustainable funds.