Daphne Lye, Financial Planning Lead said in an interview that CPF is one of the options for parents to help their children increase their savings. The main benefit is that they can obtain a government-guaranteed return to a certain extent, locking in a significant compound interest effect for their children. This can also allow children to be exposed to and cultivate the habit of long-term saving through the provident fund system from an early age. The main disadvantage of this approach is the lack of liquidity and reduced flexibility in using funds. Of course, due to the long capital lock-up period, you may face risks caused by policy changes.
理财锦囊：为娃娃填补公积金 “存出”百万小富翁
MoneyOwl on Lianhe Zaobao
16 February 2025
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Chuin Ting Weber, CEO and CIO of MoneyOwl, highlighted the risks of DIY online investing. She advised investors not to expect short-term gains based on historical returns and to be cautious of terms like “cash management” that may understate risks. She encouraged self-assessment across risk capacity, need, and appetite to make sound investment decisions.
18 May 2025
Daphne Lye, Financial Planning Lead at MoneyOwl, shared that total debt servicing ratio should ideally stay below 35% of take-home pay, and non-housing loan repayments under 15%. While housing loans may be “good debt” due to low interest rates and asset appreciation, she cautioned against sacrificing liquidity. For those facing overwhelming unsecured debt, she recommended...
16 May 2025
In The News
Li Huijing, Head of Partnership & Investment Management at MoneyOwl, noted that falling bank deposit rates reflect concerns of slower economic growth and possible Fed rate cuts. She advised that while fixed deposits are useful for capital preservation, they shouldn’t be the only strategy for long-term goals like retirement. Investors should focus on holistic planning...
14 May 2025
In The News
