CPF Special A/C

last SG · 2006-07-04T12:19:11+00:00

i will never touch my SA, enticement or not

Manager433 SG

Anyone ever use your Special Account for investment? My A*A agent call me up just now invite me go Macdonald enjoy aircon and _la Coke. Talk about using this a/c to invest in approve management funds. But I scare of the risk factor….....

dragg SG

1001 funds lost heavily. tell your agent to go fly kite!!!

Churra SG

gov already give 4% for ur S.A liao... consider quite a lot to me.

if u invest, of coz will have risk.
and prepare for fluctuations..

Rock^Star SG

If u leave ur $$ in the SA, 4% interest is guaranteed for you per annum.

However, if u wanna invest, make sure it's a gd fund. Asia funds shd be fine in the next few years.

U bet football right? Laughing It's the same principle. U don't bet, u don't lose. But if you don't bet, there's no profit.

Manager433 SG

He gave me a example of a client but name delete away. S$30500 ballon up to S$55000. Dun think its true coz I never trust any agent Mr. Green .

Manager433 SG

Asia Funds like??? Any good example? Any agent here in sgf can give me some advise???

BillGates SG

Agents stab a giant syringe into you, while drawing your blood.

shade343 SG

From an investment point of view, its easier to make a profit on your CPFIS-OA than SA. So try to use OA instead of SA.

There are a lot of CPF approved shares and unit trust oyt there. Very Happy

Manager433 SG

Shocked

Rock^Star SG

Heh, your own agent u don't trust ah? Then y buy any policy? Rolling Eyes

Most Asia funds shd be good on an industry wide basis. For $30,000 to balloon to $50,000....sure why not? If u look at funds from investment houses like Shroders and First State, got even double some more!

Of course 40-60% of funds lose most of the time. Choose wisely....

U may wana wait for US Federal Reserve to announce their next step as fund prices may drop even further. Depends on a lot of factors.

Churra SG

maybe his client happened to invest at a very low price..

Manager433 SG

Could be loh. ANyway my sis lose $$$ tats why I no confident in using cpf for investing in management funds. Thanks for the info.

shade343 SG

Investing and gambling are 2 different things. Do not mixed them up together..

FireIce SG

why he never show u the 24876 other examples tt flopped?

Manager433 SG

They never shows ppl things go wrong. Only show ppl things go rite. Shocked

Manager433 SG

Anyway thks for all the advise. I'll know wat to do 2morrow moring. Mr. Green

newmanmback SG

i am using my special account to maintain ayumi hamasupki Mr. Green

^tamago^ SG

if that is their best example they can give, sorry, not spectucular enough.

dragg SG

i made 3k once from a UOB managed fund. but that was more than a decade ago. you must buy it when the world economy is down otherwise it is very difficult to make money.

Ah Cek SG

i notice China balanced and equity funds got potential.

but if buy in now the price is rather high.

i bought when they are 1st launched at $1.