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Anonymous

02 Oct 2021

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CPF

How easy to use our CPF OA to invest using Endowus? How fast is the withdrawal like when you need the CPF OA to purchase house?

Hi,

I would like to understand how easy is it to use our CPF OA amount to invest using Endowus?

As compare to the CPF OA interest 2.5% pa, is Endowus perform better if we invest using Endowus?

How fast is the withdrawal back to CPF OA account, if you intended to use this amount to buy a house in 3yrs time?

Discussion (2)

What are your thoughts?

Tan Choong Hwee

Tan Choong Hwee

Edited 02 Oct 2021

Level 13ยทInvestor/Trader at Home

It is pretty easy to invest using CPF OA in Endowus. If you have your own CPFIS Investment account, just link it in Endowus; if not, Endowus will open an UOB investment account for you as part of the account opening process. Then you just set up a goal to invest in their advised portfolio for CPF and you are done.

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Endowus will show you the performance chart for various return projection. Typically better returns than OA 2.5% pa.

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Sell and withdraw your OA investment takes about 6-8 business days:

https://endowus.com/support/360000663893-how-do...

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