I hope you enjoyed yesterday’s National Day Parade as much as I did. One of my favourite moments was seeing participants hold up placards sharing their wishes for themselves and Singapore. Naturally, many of us want to grow our wealth. But as we celebrate how far we’ve come, it’s just as important to pause and understand why we’re chasing these goals. For some, it’s about having a greater mental safety net through saving. For others, it might be achieving financial freedom through investing. And for many, it’s having retirement adequacy by building steady passive income streams. This week, income seekers had their eyes on the allotment of the Astrea 9 PE bond, which drew record applications, likely fuelled by falling yields in other popular options. The upcoming T-bill auction is also expected to see yields remain under pressure as Fed rate cuts look increasingly likely. In the stock market, DBS…
