How do workers see MPF after the crash? Three mindsets

After August’s mini-crash, three workers shared their views on MPF — three ages, three mindsets.

Safety first: Mr Tsang

“This retirement money is for old age — I dare not be aggressive!” Nearly 90% of Mr Tsang’s money sits in conservative funds: “Last month’s crash barely touched our MPF!” Near retirement, capital preservation comes first.

Gains and losses don’t matter: Ms Yip

“I’ve got ten or twenty years before touching MPF — gains and losses now mean nothing. I’ll keep choosing high-risk portfolios!” Youth is capital; time smooths volatility.

Volatility expected: Gary

“I chose high risk myself — no pain, no gain! And I’ve got twenty, thirty years to retirement!”

Which mindset fits you?

No absolute answer — only what fits your life stage. MPF’s golden rule: the young can be aggressive, the older should be conservative; the worst is following the herd — panic-switching to conservative in crashes, chasing risk in rallies. Knowing your own risk tolerance is step one. Explore funds by risk level with MPF fund search.