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Shariff Fudin

Driver at Redmart

28 Dec 2019

∙

Hi all, what do I need to do to invest with my SA funds?

I am planning to use my SA to invest in government bonds. I know I have to open up an SRS account.

And I know that I have to go to SGX to apply for a (_fill in the blanks).

And I know I need to have a minimum of 20k in my OA.

Wait, did I just answered my own question?

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YT

28 Dec 2019

Hi! If you're planning to use CPF-SA for investment, you'll need a minimum of 40k and 20k for CPF-OA.

On another note, SA has a risk-free rate of 4-5%, potentially higher than Governement bonds, so it is better to invest from OA which gives lower interest.

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Related Posts

Hi, I have just started investing in the DBS invest saver ETFs. I'm just wondering if it is possible to pause monthly investments without selling my current funds?

Should I invest my short term savings funds (say need to fund in 5-10 years), or should it be park in the bank?

It's recommended that u do not invest any funds that you'll need for the next 3 years. But while saving for wedding/reno/kids, isn’t 3 years too much of an opportunity cost to not be investing?

Should I a) use my CPF OA funds to invest in Endowus or b) transfer my OA balance into SA to earn 4% interest? (Assume house is already bought and no other use for OA funds)?

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