For someone who has yet to purchase a house and has plans to use CPF for it, is it still wise to invest parts of the OA with the robo-investors?

Firstly, we need to create a well-defined goal. In detail, this means that we need to know:

1. Timeline to purchase your house

2. Cost of House

3. Type of Loan

After we have set the parameters, we have a clearer idea on the funds available at our disposal. For example, if you intend to buy a house in 3 months time, then investment may not be the best option to consider.

On the other hand, if you intend to buy a house in 10 years time, then we may consider investing after conducting a comprehensive financial review. In addition to the funds available in your account, we will want to include your ongoing contributions.

After we have done a comprehensive calculation, we will have a better direction on whether you should invest, and how you should do it.

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Hi Anon,

Just to share, Endowus is the first and only digital platform that allows CPF investments. On top of our risk profilling and portfolio management services, we also give our clients a globally diversified portfolio at the lowest cost possible.

You got to do your sums if you want to invest parts of your OA.

Things you need to consider:

1. Are you purchasing a BTO flat?

2. Are you intending to take a housing loan?

3. What is the value of the property you are buying

These 3 factors will affect your CPF outflows, which in turn affects how much you should invest your CPF with.

One more tip - you may want to keep some "mortgage emergency fund" for your mortgage payment in case that you are in the midst of job change. ​​​