I think it is possible for SGD to reach parity with USD by 2040. Singapore employs a strict stewardship of growing the economy and managing the strength of its currency. Although Singapore also has huge debts, it manages it and steer the economy to enable strong growth and being a safe haven for companies by having the right policies, stable government and the right workforce. This helps it strengthen against the USD.


I won’t buy gold even if the USD keeps sliding. I think there is a possibility of the Chinese yuan being one of the world’s reserve currency. Also, there are many stocks that can offer greater yield than me holding gold. In terms of returns, I prefer to hold stock.


My preference has always been the ETF that tracks the world index eg VTI so I would keep to that. I also do thematic ETFs eg in semiconductors like SMH and this strategy has fitted my risk appetite and generated good returns. A weakening USD would affect returns but that affects almost all asset classes.
# DBS Forecast: SGD = USD by 2040! Could SG Become Next “Safe Haven” Hub?

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  • William85
    ·10-27
    TOP
    Absolutely insightful! Can't wait to see how this unfolds! [Cool]
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    • MHh
      Thank you[Smile]
      11-04
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  • Athena Spenser
    ·10-27
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    VTI’s safer for returns!
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    • MHh
      [ShakeHands]
      11-04
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  • Maurice Bertie
    ·10-27
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    VTI/SMH fit my risk, better than gold!
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    • MHh
      Agree![Smile]
      11-04
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  • tothehill
    ·10-27
    TOP
    Interesting perspective! Love the insights! [Cool]✨
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    • MHh
      Thank you[Smile]
      11-04
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