Saturday, April 28, 2007

Asset allocation for your long term savings

Dear Mr Tan

I have invested my monthly savings in the NTUC combined fund (Growth). I am thinking of increasing my monthly savings. Should I invest it in the NTUC Global equity or in the Combined fund? What are your views about the NTUC Technology fund?

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MY REPLY:

My preference is to invest my long term savings in the Combined Fund (Growth) or in Global Equity.

It is all right to have a small allocation, say 20%, of the total savings invested in the Technology fund, if you are interested in this sector.

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