Part 5/11:
- The Role of Real Estate: While real estate can hedge inflation, it requires substantial capital and involves concentration risk—a single failed property can significantly impact your wealth. Beginners are advised to build wealth gradually with diversified assets like ETFs, which track broad markets such as the MSCI All Country World Index.
Investors are encouraged to start small, for example, by purchasing ETFs or Singapore Savings Bonds, to build a robust, diversified core portfolio before venturing into riskier investments like cryptocurrencies or forex, which can be highly volatile.