facebookHi Seedly! If i have $100k in CPF OA and dont have use for it, should I put everything into 6 months tbills? Im looking for safe investment and more than cpf interest %. Thanks for advices!! - Seedly

Advertisement

Anonymous

Edited 04 Jun 2023

General Investing

Hi Seedly! If i have $100k in CPF OA and dont have use for it, should I put everything into 6 months tbills? Im looking for safe investment and more than cpf interest %. Thanks for advices!!

And anyone can share how do I manually transfer the amount upon tbill maturity back to cpf-oa immediately? Can I set a auto giro in advance? (Otherwise i saw it willl take about 2 days for it to be back to cpf-oa?). Thank you!!

Discussion (26)

What are your thoughts?

Learn how to style your text

Anonymous Poster

05 Jun 2023

Hi! Does it mean that if I submit application using $80k cpf-oa, bidding at competitive rate of 3.8%, if I manage to get this, it will be better off than leaving in CPF? Thanks :)

Man of the Hour

04 Jun 2023

Man at Man of the Hour

Yes dump everything over 20k in. No regrets.

Keep 20k in CPF OA as its interest rate is 3.5%.

As for the 80k, just do it. If you think Tbills interest rate may climb higher, then perhaps you can try 40k this round and 40k next round.

View 1 replies

If have no short term use, $80k into t bill....

Write your thoughts

Advertisement