Pages

Thursday, May 24, 2007

Switch to Balanced Fund

Dear Mr Tan,

I invested in the Enhanced Fund using money from my CPF. I invested a total of $35,000 and the value is now $54,000.

May I have your advice? Should I continue with this fund or realise the profit and switch to a more conservative fund? I am in my late 40s, and I need it for my retirement.

------------------

REPLY:

I suggest that you switch to the Balanced Fund. It is invested 50% in equities and 50% in bonds, and is less volatile.

But, if you decide to keep the investment to keep the investment in the Enhanced Fund, it is also all right.

0 comments:

Post a Comment