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Anonymous
Trying to figure out how to buy spdr gold (etf??) using cpf monies.
if i buy using cash, do i have to convert sgd to usd in my dbs multiplier before i place my order for it?
TIA
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Maisul
22 Sep 2020
Youtuber at Google (Channel : Say Do Invest)
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I think you can only buy SGX shares using CPF. I bought some SGX shares using my cpf funds.
There is a list of stocks you can buy using cpf, you cannot buy it from other markets. (I KNOW RIGHT, WHAT A BUMMER)
SPDR is under US market so unless, DBS app allows you to buy it, its possible but if its not possible, then no choice can only buy from the list of "approved" stocks using your CPF funds.
(Rant : in my opinion nobody should control what we can or cannot buy, whoever is in charge of that who is reading this, please consider changing that rule, we already give in part of our salary to you, so please adopt a win win situation for the citizens)