There is always some risk when it comes to investing in stocks and there will always be some degree of price volatility.
Not everyone is able or willing to take risk when it comes to their money and not everyone is able to stomach price volatility well.
Some get sick from the volatility and some even die from it.
This is why we are fortunate in Singapore to have the CPF.
CPF members should take full advantage of this risk free and volatility free instrument that pays reasonably attractive coupons.
Yes, I say coupons because I look at my CPF savings as the risk free and volatility free investment grade bond component of my investment portfolio.
Having a meaningful amount of CPF savings will give most of us peace of mind as we cannot reasonably expect every year to be a good year for our...