Advertisement

Anonymous

18 Apr 2019

∙

How should I go about using my money in CPF for investments? I know there are several products available, but which one should I go for at my age?

Is this the SRS option? I had one agent who recommended me this option but I'm a little unconvinced.

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Hariz Arthur Maloy

22 Oct 2018

Independent Financial Advisor at Promiseland Independent

Hey Anon, you could get a discretionary managed portfolio from an FA, similar to those created by robo advisories which you can fund using your CPF OA or SRS Funds.

Fees are now capped at 1.5% sales charge and 0.7% wrap fee and will reduce to 0 and 0.4% respectively next year.

You can decide on your asset allocation and change it when you grow older as well. It is fully liquid and there are no exit charges.

Reply

Save

Write your thoughts

Related Posts

Hello All, do you know which bank will the Prudential CPF investment be returned back to? I heard that I need to inform the bank to return the money back to my CPF OA so I can use it for my BTO?

CPF Investment Scheme Does the investment products approved/endorsed by CPF Board classify as better Investment product and less risk? What are the advantages as compared to using cash ?

If you invest using CPF OA, will the investment proceeds go back to the OA that I can use for housing eventually or will it go to retirement account?

Am at age 26 soon and going to use my cpf to pay for housing, curious to ask was your house funded by OA in cpf and how long did you take to save back the Amt used in OA? ?

Should I use my CPF to fund my house or should I take a bank loan and use the money in CPF to invest?

Related Posts

Hello All, do you know which bank will the Prudential CPF investment be returned back to? I heard that I need to inform the bank to return the money back to my CPF OA so I can use it for my BTO?

CPF Investment Scheme Does the investment products approved/endorsed by CPF Board classify as better Investment product and less risk? What are the advantages as compared to using cash ?

If you invest using CPF OA, will the investment proceeds go back to the OA that I can use for housing eventually or will it go to retirement account?

Am at age 26 soon and going to use my cpf to pay for housing, curious to ask was your house funded by OA in cpf and how long did you take to save back the Amt used in OA? ?

Should I use my CPF to fund my house or should I take a bank loan and use the money in CPF to invest?

Advertisement