What did a January 2011 iMoney column say?
On 22 January 2011, an iMoney column noted Lunar New Year prices soaring and some commentators urging high-growth assets — even MPF in equity funds — to beat inflation. The author understood the urge to protect purchasing power but explained: MPF is one of the World Bank’s five retirement pillars, a long-term investment whose goal isn’t just beating short-term inflation; goals differ by person, and prices can fall as well as rise.
Why not blindly chase high growth?
Age, risk appetite and years to retirement differ — not everyone suits all-equities; inflation may be a global trend, but retirement savings need steady long-run growth.
What can workers do?
Match the mix to your age and risk appetite, don’t follow the crowd — check categories’ risk and returns at MPF fund comparison.
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