Thursday, November 23, 2006

I invested $500,000 in Flexi Cash

I have decided to withdraw my savings from the CPF, as I am now passed 55 years. I just invested $500,000 in Flexi Cash.

During the past 3 months, Flexi Cash earned 3.5% annualised. This is an attractive rate of return.

I will wait for the right time to transfer from Flexi Cash to other funds, such as the Global Equity or Combined fund.

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