Tag: Investment

How Much Money Did CPF Make For You in 2018?

If you read social media, you may get the impression that CPF is a terrible scheme that is concocted to “steal” everyone’s money. Here is a different view of CPF. In Singapore, your CPF account is the safest investment you can make with the highest returns. Unlike savings account that are insured up to $50K, your entire CPF savings is backed by the full faith and strength of the Government of Singapore, which has one of the highest credit rating that any country can aspire to. In short, there is virtually no chance that CPF will default on its obligations. And it is politically untenable to let that happen!

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