facebookShould I invest my spare cash into my existing investments or top up my CPF? - Seedly

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Anonymous

11 Sep 2024

βˆ™

CPF

Should I invest my spare cash into my existing investments or top up my CPF?

I am already investing but i am wondering where i should put this spare cash as i do'nt want it to be idling.

Discussion (17)

What are your thoughts?

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CPF oso can but you have to know that once you put in you can't just take out as and when.

Kenneth Chan

11 Jan 2025

Wealth Manager at Phillip Capital

Personally you put into most money market funds out there right now it has better returns than the CPFOA. POEMS also have new account opening rate of 5% p.a. guaranteed for first 30 days when you put in at least $20k.

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comment

Don't have a good answer to that.

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if you are a very good investor, then put into it.

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I am not a good investor so I put it into CPF but also hit limit. So it goes into high interest accounts. Only when it the limit will I start investing again.

Depends how long u plan to invest? if short term, better to go for safer routes.

Just invest more...

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