facebookHi! Do you recommend using CPF OA money to invest in TBILLS now? Thanks! - Seedly

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Anonymous

12 Nov 2022

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General Investing

Hi! Do you recommend using CPF OA money to invest in TBILLS now? Thanks!

Discussion (21)

What are your thoughts?

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Yes the interest rates are higher now

I will prefer to keep in the account and use cash instead since I will missed two months on interest and the compounded

Yes, if you have a large sum of CPF-OA monies to invest. Otherwise, the difference in the interest earned (T-Bill interest - CPF-OA interest) may not worth the effort due to long waiting time at the bank. Suggest placing competitive bid too in case the cut-off yield "surprisingly" dropped lower than that of the preceding issue.

Yes. at 4%, the interest rate is more than OA even with 2 months lost.

Anyone knows how fast is the matured money returned to the CPF account so that we do not lose the se...

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