29yo couple - combined income of $180k/yr. BTO 2024 - 530k. Whether downpay in cash/cpf Advice for portfolio allocation. 100k in cash. 140k in stocks. 18k in local bonds. 47k in SSB. 360k in CPF

Please tell me that 100k cash is not sitting in a bank account not doing anything Or getting marginal interest rates.

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Might be good to consider high interest bank accounts and cash management solutions. I use OCBC 360 account + StashAway Simple to manage my cash. So might be a good thing to consider for you too.

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My gut is that you should use your CPF now while you grow your cash. And slowly pay back CPF board. Leveraging for a house with banks will be far more expensive with cash than CPF and if you already have more funds combined in your CPF than cash, think it makes more sense that way.

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Not financial advice but friendly chat from a bystander. Best wishes for your a blissful life together.

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Cheerios

• I though BTO income ceiling is $14k/mth?
• $180k / 12 = $15k / mth....🤔
• Personally, I will use CPF.
• If after that u regret using CPF, just use cash to top up back into CPF account.
• But if you use cash, if u regret, you cant go to CPF and withdraw your money.
• As long you remain employed your cpf will continue to grow. You will still hit your retirement sum.
• Cashflow Now is more important than cashflow in the future.

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