Simply Her (Singapore) - - Beauty -

If you’ve used your CPFIS-OA to in­vest, check the port­fo­lio state­ment your agent bank or prod­uct provider should send you reg­u­larly. Just like in­vest­ing in the stock mar­ket, it helps if the agent or bro­ker you bought the prod­uct from is some­one you trust and who looks out for your in­ter­ests. He or she can ad­vise you on the best time to buy or sell.

Op­er­a­tions manager Yan Tan, 36, ad­mits that she is to­tally clue­less. A trusted friend-cum-in­sur­ance agent ad­vised her on some timely in­vest­ments a decade ago and she made a whop­ping 25 per cent on her $50,000 in­vest­ment when she cashed out three years later. “Till to­day, I don’t know what I in­vested in, ex­actly,” laughs Yan sheep­ishly.

Not ev­ery­one is as lucky as Yan. Ul­ti­mately, th­ese are your re­tire­ment funds so make sure you keep up with the mar­ket’s ups and downs if you in­vest in more volatile prod­ucts. Oth­er­wise, stick to low-risk ones that will earn you low but steady re­turns.

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