Is it a good idea to invest my CPF? Is it very risky?

Answer 1

By leaving your money idle in OA & SA you will accounts, you will be earning 2.5% and 4% returns. But when you deduct the 2% inflation rate what you earn actually is 0.5% and 1.5%. Instead you can invest and earn a good return.

To answer your second question is it risky?... depends on the product you choose. Unless you take the risk you won't get the returns. But how much risk you are taking is dependent on your capacity and risk profile. A safe instrument will return a low return while a high risk investment may produce an high return. For high risk investment, you should have the stomach to absorb the volatility.

Good luck.

Answer 2

If you are referring to the stock ticker CPF (Central Pacific Financial), then yes it is a good time to invest. The major moving averages are in an uptrend and the short-term trend is up as well. I would not be surprised to see CPF at a 52-week high by June. And no, the stock is not risky, at least compared to the market majority. As for price target 1 year from now, I think the shares will see 45+ (current price of 37.98).