Farah is in her early 60s and planning to retire within the next couple of years. Aside
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Question:
Farah is in her early 60s and planning to retire within the next couple of years. Aside from her savings in her CPF account and a HDB flat, she does not have any other valuable assets. She expects to have a modest retirement lifestyle and will likely live past eighty years old. The following are some financial products available for investment:
- The Straits Times Index (STI)
- Early start-up business
- Corporate bond with AAA rating
- Ether (cryptocurrency)
Discuss which financial products Farah should and should not invest for her retirement
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
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