Money Hacks Ep 66: Should you invest your CPF money in a turbulent market?
9:06 min
Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down actionable financial tips.
In this week's episode, we talk about CPF investments, and if you should invest them in a turbulent market. Chris Lim hosts Gregory Van, chief executive and founding partner of Endowus, the only digital investment adviser that now has a CPF investment option, as he answers the following:
1. What is the difference between traditional CPF investment schemes and digital schemes? Are there hidden fees? (1:02)
2. In a turbulent market now worsened by the coronavirus threat, should you invest your CPF funds? (4:09)
3. CPF is your long-term money. How can it perform if you take a similar long-term market view versus just leaving it in CPF? (5:14)
4. Invest wisely, strategically, not tactically. Strategic investment means a long-term approach, whereas a tactical investment means trying to beat the market with constant changes. Find out the pros and cons of such approaches (9:29)
Produced by: Chris Lim and Ernest Luis
Edited by: Adam Azlee
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