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

Anonymous

12 Nov 2022

βˆ™

General Investing

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

Discussion (21)

What are your thoughts?

Learn how to style your text

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...

Write your thoughts