Dear Mr Tan,
If I remembered correctly, PM Lee Hsien Loong once mentioned on Budget 2007 that the CPF interest gained over time would have been better off if we were to leave our money in CPF account instead of using it for our own investment.
PM Lee said that applies to majority of CPF accounts in Singapore. The goverment must have gotten statistics from the CPF board to prove the statement. Is that true?
I do not recall him making this statement, and the context in which it was made.
Personally, I think that it is better to invest in a large, well diversified, low cost fund comprised of global equity.
When the stockmarket has corrected, it may be a good time to make this investment.
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