A young person without family commitments or a housing loan to repay might be happy investing in higher risk instruments like stocks. On the other hand, a middle-aged person with family and a housing loan to repay might be more comfortable investing in “less risky” instruments, eg. a balanced fund in which investors’ funds are invested in a mixture of stocks and bonds.

another word from our CPF board...
go read up the website, very interesting...
lights off...