For subscribers
1 in 2 who uses CPF to invest ends up worse off
The latest CPF investment report shows that about 269,000 CPF members either made losses or earned less than 2.5 per cent profit
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If the odds say there is a 50 per cent chance that you will lose money, would you still go ahead and invest?
Most of us will likely hesitate since this looks like a pretty risky bet. Of course, if you are an eternal optimist, you might still accept the odds because you prefer to see that you have a one-in-two chance of winning.
