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Irene

30 Jan 2020

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What are the best ways to invest using my CPF for about 1 and a half years, such that I will be able to maximise my SA funds?

I will need to use my CPF funds for my child's education in 2021 and 2022 upon reaching 55 in 2021. How can I invest to maximise the SA funds meanwhile in the timeline of about 1 yr 6 months?

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Elijah Lee

30 Jan 2020

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi Irene,

I second Gabriel. Don't invest CPF if you need the money within the next few years.

In fact, in general I don't recommend investing SA at all. 4% guaranteed (although subject to renewal yearly), is extremely hard to find in the market. Even if an SA approved fund could do 5% or 6% p.a., you are taking on risk to achieve that, which means you lose peace of mind.

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Gabriel Tham

30 Jan 2020

Tag Team Member at Kenichi Tag Team

1 year 6 months, I think it is better you leave your SA alone. 4% risk free is hard to beat in such a short time frame.

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