Myth 194 - The fallen myths
There are many myths that have fallen flat on the ground. We used to be told that if people invest their money in stocks, in the long run they will be better off. This tooth has been proven beyond any doubt, that this is not the case. Many have lost their CPF savings when they put their money in stocks. So the next truth is to not to put money in stocks but in unit trusts to spread the risk. The result is the same. Kaput. Ok, try another option. Put your money with the experts. Let the fund managers handle your money and invest for you. What a wise recommendation. Another kaput. Trust only the big and proven funds. The bigger the better. We all know where it will all end up. The final option, keep your money in CPF. Very safe. Guaranteed. This one will surely not become a myth.