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Saturday, November 24, 2007

Keep in the Special Account

Hi Mr. Tan,

I was told that CPF Special Account will be 'locked' with effect from 1st Jan 2008. No more investment will be allowed from this account.

I like to make invest $12,000 from this account now to earn a higher return. What is your advice? Where can I get a better return?

REPLY

My advice is: Keep your money in the Special Account to earn 4% plus 1%, free of risk. This is the best investment available now.

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