Dear readers, I come across friends and individuals who have chosen to invest in equities with their CPF monies. CPF monies provide up to 3.50% per annum on members’ Ordinary Accounts and up to 5% on Special and MediSave Accounts. Notwithstanding the above, CPF members could use their CPF monies on investing in equities in accordance with the relevant guidelines.
My belief is not to use CPF monies for investments since monies sitting in our CPF accounts are earning decent returns risk-free as compared to the volatilities in regard to investing in equities.
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