Switch to Balanced Fund

Dear Mr Tan,

I invested in the Enhanced Fund using money from my CPF. I invested a total of $35,000 and the value is now $54,000.

May I have your advice? Should I continue with this fund or realise the profit and switch to a more conservative fund? I am in my late 40s, and I need it for my retirement.

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REPLY:

I suggest that you switch to the Balanced Fund. It is invested 50% in equities and 50% in bonds, and is less volatile.

But, if you decide to keep the investment to keep the investment in the Enhanced Fund, it is also all right.

Air fare to Kuala Lumpur

The return air fare to Kuala Lumpur is SGD 420. I find this to be too expensive, compared to the air fare for other destinations in the region, eg Bangkok, Bali.

I hope that the fare between Singapore and Kuala Lumpur will come down soon, to reflect what is happening in other routes.

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I found from the Zuji website that Japan airlines offer a return air ticket for SGD 180 (excluding taxes). However, they only offer 1 flight daily. If I fly by this airline, I have to take the night flight and stay 1 night in Kuala Lumpur.