facebookHow 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? - Seedly

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Joseph Lim

Joseph Lim

15 Sep 2020

Property

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?

Discussion (6)

What are your thoughts?

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.

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

Hi Joseph

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

The first $20...

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