07-08-2022, 12:14 PM
(07-08-2022, 06:29 AM)sgbuffett Wrote: If CPF gives 7% return there will be years of 10-15% losses ..
There is no reward without risk.
Long term average return if GIC is 6%.
If I am managing my own retirmenet funds I will just put half in Berkshire and the other half in a Global ETF....and leave it inside for 35-40yrs.
You forgot that Warren Buffet will soon be gone and his successor may not be as capable.