| Quote: | | | Originally Posted by yoki26 | | | | |
| i personally feel that for those who has not used CPF for their housing loan can use CPF for investments. Next yr onwards, must maintain a min sum of 20k in ordinary account and only the amt exceed 20k then can touch. CPF only earning 2.5% interest now and nxt yr 3.5% for 1st 20K.
If now dun have much in CPF, might as well take out the min sum which is 5k to invest for long terms.
usually investments will earn profits if the agent is good enuff to noe when to switch the funds, something like playing shares BUT have to put for many yrs. :biggrin4:
hmm...jus my own view.. | |
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You earn more if you don't switch funds too often. Each fund requires a long time to grow into money. By switching, it like replanting the seeds and have to start from scratch again. Funds will goes up and down, up and down, up and down.
If you want to speculate, then it always good to try options, warrant, futures and fx. Your hearts can stop if it acts against you.
:biggrin4:
