Conventional wisdom on "Start investing early and compounding to millionaire in your investment"
Now, who are the CPF members who lost their money?
Your parents and relatives who are in 60s and 70s and have started investing EARLY when CPFIS kicked in?
Evidence?
Uncle8888's regular lunch and tea-break kakis in their 60s and late 50s.
ALL (No mistake!) ALL are better off keeping their CPF OA instead of investing!
Two of them chopped fingers and never touch the stock market anymore!
Read? Harsh lessons from 1997/98 and 2007/08 stock crisis
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