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Joseph Lim

15 Sep 2020

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How and where can I put my CPF's OA to some investment (super low risk type) so that HDB would not wipe out most of my OA when I buy BTO? I just wish to park the OA somewhere for a short period and put the money back soon after. Any advice please?

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Samuel Don Oh

15 Sep 2020

Hey there!

After setting aside the $20,000 required, you can invest the remaining. You can choose a diversified portfolio and allocate your investments more in fixed income funds/money market funds and still have a portion on equities related funds for upside returns.
Financial planning is an integral part of life. You can reach me here to find out more.

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Vincent Choo

14 Sep 2020

Unfortunately, you can't put the first 20K away.

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Vincent Peh

11 Aug 2020

Hi Joseph

You will need to first open a CPF Investment Account with DBS, OCBC, UOB.

The first $20...

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