Cautious Step in 2024 Investment

How did your investment plan perform in 2023?

With a conservative approach, i invested in MMF, Fullerton SGD Cash Fund.  Positive returns are assured with moomoo cashplus but  with limited upside. Well, at least to me, MMF provides a competitive return for my idle cash while still providing a high degree of liquidity. So yes. I am contented with my 2023 low risk  investment plan.

I am also looking forward to the upcoming new Fullerton cash plus fund with the same day withdrawal option. Hopefully, this fund will outperform the current  one.

My investment plan in 2024 will remain cautious - stay patient and be selective. Further adjustments will be necessary in a world of greater growth volatility, higher capital costs, and geopolitical instability. With a still-too-high inflation and slowing global growth, I will continue to look for short term investment goal opportunities in fixed income investment (MMF), of which should be in for another good year as its popularity are expected to attract institutional money therefore achieving strong performance. Hopefully, next year, moomoo will roll out even more attractive MMF investment promotions to existing users.

Sustainable technology will continue to gain momentum, including more environmentally-friendly ways of doing things. Green transportation is another domain set for significant growth in 2024 and will continue to increase their market share in years to come. Countries and corporations continue to work on meeting net-zero commitments and, at the same time, increasingly leverage technology in order to minimize impact on the environment.

The thematic outlook are chosen on these 2 areas as they appear primed to potentially weather the difficult economic and geopolitical instability.