Hi AK,
I've been reading your blog recently and have been very inspired by the way you invest.
I need to seek your advice for the Prudential units trust and SRS account
I used my CPF-OA account to invest in the Prudential unit trusts 9 years ago whenmy insurance agent said that they will earn me more interest than the 2.5% interest CPF gave me.
Fast forward 9 years now, my $80k original invest is only worth $71k now.
I really regret listening to the insurance agent.
My question is should I cut my losses now and put the $71k put into my CPF OA account or SA Account? At least I can earn some interest rate on my $71k before I retire.
My only comfort is that shld anything happen to me now, my family can get $100k from the unit trust as it has some insurance coverage......
