Recently, I received a comment that I haven’t posted anything regarding Asset Allocation. I guess I have yet to do it… So here it is!

My personal asset allocation as of October 2011.

For those who are not familiar, CPF stands for Central Provident Fund which is the savings/retirement account which all Singaporeans have to contribute to. It is similar to EPF in Malaysia and 401K in the US. Employers have to contribute based on a set ratio to employee contribution and all contributions are not taxable. The CPF money can be used in stock investment, unit trust/mutual fund investments, property investment, medical expenses, insurance and most importantly retirement.

I know there are a lot of portfolio theories which prescribe some sort of Bond to Equity ratio for Portfolio depending on your risk preference and age. However, I can’t be bother with bonds at this point of time due to ...