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Jas Lin

20 Aug 2020

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30 yrs old and new to CPF OA investment. Any good advise or options out there? Thanks in advance!?

Investment sum about 40 to 50k. came across this. https://www.greateasternlife.com/sg/en/personal... (not sure if is a wise option), Risk Appetite: Medium

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Samuel Don Oh

20 Aug 2020

Hey there!

Your CPF investment is as good as the funds invested and the agent managing it. You have to make sure you are aware of the track record of the funds and why youre invested in it. Also, you need a system whereby to agent will be updating you and reviewing your investment. If your agent is unsure of how this works, I will suggest you either do with another agent or get another plan from another Insurer. Also, you need to be aware of the costs. Is it a front loading charge? If it is, how Long will it take to break even? Can you effectively outbid the typical OA rate? That's where the track record of the investment comes in albeit past performance is never guarantee for future yield.

Financial planning is an integral part of life. You can reach me here to find out more.

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Sharon

20 Aug 2020

Life Alchemist at School of Hard Knocks

I'm using Endowus for CPF-OA. I shared about it here: https://seedly.sg/questions/would-you-use-your-...

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Wrong Sean

20 Aug 2020

You might want to consider Endowus. They have portfolios for CPF, SRS and cash investments....

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