Syfe raises HKD 210 million in new funding round, announces accelerated expansion in Hong Kong
Syfe, Asia’s leading saving and investment platform, today announced that it has closed a HKD 210 million funding round, increasing its valuation and bringing total funds raised to HKD 615 million.
China Policy Bazooka: A Turning Point for the Chinese Stock Markets?
PBOC Easing Package: On September 24, the People’s Bank of China(PBOC) , the central bank of China, introduced measures to stimulate the economy and bolster the stock markets. These include interest rate cuts, reductions in the Banks’ Reserve Requirement Ratio (RRR), and adjustments to mortgage terms to aid the property market. Additionally, RMB 500 billion will be provided to brokerage houses, mutual funds, and insurance companies to buy mainland-listed stocks.
How to Prepare for a Recession？
The word “recession” has been everywhere lately. Headlines warn of an impending US recession, social media is abuzz with predictions of a market crash, and it’s hard not to feel a sense of unease.
“Good” Financial Advice That’s Actually Pretty Bad
Financial experts love giving money advice. Some, like keeping an emergency fund, automating your bill payments, and saving for retirement, are worth listening to. But others can actually do more harm than good.
Syfe H2 2024 Market Outlook: When Monetary Inflection Meets Election
Positive sentiment persisted in the first half of 2024, bolstered by robust corporate earnings and easing inflation. However, the market landscape is poised to become more complex in the second half of the year.
How to navigate a stock market sell-off?
Q2 2024 was another positive quarter for equities. Strong market sentiments from Q1 persisted in Q2, with S&P 500 and Nasdaq 100 continuing to reach new highs.
Syfe Portfolio Performance Review Q2 2024: Ready for Rate Cuts?
Q2 2024 was another positive quarter for equities. Strong market sentiments from Q1 persisted in Q2, with S&P 500 and Nasdaq 100 continuing to reach new highs.
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Why Your S&P 500 Investments Are Riskier Than You Think – The Hidden Danger of Concentration Risk
Concentration risk is the investing equivalent of ‘putting all your eggs in one basket’, it is the risk of holding a portfolio tilted heavily towards certain assets, sectors or countries. It can lead to wilder swings in returns compared to a more diversified approach.
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How Dollar Cost Averaging Builds Wealth Over Time
Dollar cost averaging is an investment strategy that helps you cushion the impact of market fluctuations through regular investments, regardless of market conditions. By consistently investing a fixed sum of money over a period of time, you end up buying more shares when prices are low and fewer shares when prices are high.
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The S&P 500 Just Hit All-Time High. Should You Still Invest?
From a valuation standpoint, stocks appear expensive. As of the end of May 2024, the S&P 500’s latest 12-month P/E ratio was at 24.7X, dating back to just the end of last year and an 11.5% increase from the previous year. This might have left many wondering if it’s now too late to get in the game of investing.
