It's always painful to get retrenched and it can especially hurt after working hard and prioritising the job over family and friends. The silver lining is that if you've been financially prudent, the pains from such an unpredictable episode may be more manageable. Learn how you can invest in a safety net against retrenchment in Singapore, and turn this into an opportunity to revisit your career path.
This post was created in partnership with DollarsAndSense, and was first published on DollarsAndSense.
Why it's important to build a financial safety net
Building a resilient long-term investment portfolio through Endowus
It is impossible to predict how macroeconomic events would play out, or to prepare for any consequent implications on your investments.
However, spreading your investments across asset classes and geographies will help with diversifying your risk. If you have a long-term investing horizon, as many of us do, these developments may offer an opportunity through steady, regular investing in diversified and risk-adjusted portfolios.
With digital wealth platform Endowus, you can plan and manage your money — by investing in best-in-class funds and globally diversified, intelligent, low-cost funds and portfolios seamlessly. Find out more our Flagship Portfolios here.
Click here to get started with your investing journey with Endowus today.