11-12-2021, 10:55 AM
(11-12-2021, 06:37 AM)sgbuffett Wrote: Forget bank interest it will lag inflation and erode your $$.
Even if the interest rate go up it is below inflation.
If die die want to earn fixed interest CPF special account is the best bet at 4%.
Yes except for CPF SA, all my assets are in SG freehold properties and US stocks due to need to hedge against inflation. Stocks already have paper gain of 30% so there’s some cushion in case of a crash.