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Anonymous

01 Jun 2024

CPF

Investing CPF

Any suggestions on how to do so if you have no investment knowledge?

Discussion (9)

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Cryotosensei

01 Jul 2024

Blogger at diaperfinancingfund.blogspot.com

Just bought T-bills yesterday. It's easy as you can apply for it through your banking app

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To access funds in the Ordinary Account (OA), you will need to allocate a minimum of S$20,000 in the account. A few things you can invest with your OA are:
Unit Trusts
Singapore Government Bonds
Exchange Traded Funds (ETFs)
Treasury Bills
Fixed Deposits

If you are a first-time investor, it is better to engage a financial advisor or broker to manage your CPF investments. Try investing in fixed deposits. They are typically more stable and guaranteed capital but lower returns. Another popular choice are T-bills as it has higher returns than FDs. Before making any investment decisions, you should assess your financial goals, risk tolerance, and explore diverse investment avenues for your long-term financial well-being.

T-bills if they have sufficient interest rate

Kent Toh

03 Jun 2024

Consultant at Sprinklr

Its not compulsory to do so, so only invest if you are comfortable.

If the odds say there is a 50 ...

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