Advertisement

Adam

18 Aug 2020

∙

When using CPFIS to invest do you get to keep the profits in cash?

So meaning if you withdrew 2k from CPF with 30 dollars in commission costs plus interest that is supposed to be accumluated.
and you sold your stock at 4k, do you get to keep balance in cash?

3

Discussion (3)

What are your thoughts?

Learn how to style your text

Dionysius Ang

18 Aug 2020

Aerospace Engineering at Nanyang Technological University

No you can't. It will just be an increase in your retirement sum.

Hence, I believe to keep my money in my cpf. Not a lot of places offer 4% returns.

Reply

Save

Aidan Neo

18 Aug 2020

Financial Services Consultant at Manulife Financial Advisers

Any resources used from your CPF for investment, the profit will still be credited back to CPF account. You can't keep any excess profit from your initial capital as cash.

Reply

Save

Maisul

18 Aug 2020

Youtuber at Google (Channel : Say Do Invest)

I would assume it will still be in your CPF account.

So no we can't keep the profits in cash , sadl...

Write your thoughts

Related Articles

Related Posts

I am holding too much cash compared to investment. How do I get over the “traditional” mindset of keeping cash in the bank and invest more?

I deposited $30k into StashAway as investment rather than leaving it in the bank as that is my spare cash. Now I’m thinking could I have used the 30k and invest in elsewhere more profitable. Any advice?

Hi! We have about 40k in cash in various bank savings account. Is it wise to invest it right now? Keeping in mind I just worked for 3 months (fresh grad) and am planning to get married next year.?

Hey! I‘m using Endowus, which helps us invest cash, CPF, and SRS in globally diversified portfolios at low cost. Join me to get an upsized S$50 off your Endowus Fee!

Market seems to be very green now, should i hold off my cash for investment and keep the profit and deploy when it crashes?

Related Posts

I am holding too much cash compared to investment. How do I get over the “traditional” mindset of keeping cash in the bank and invest more?

I deposited $30k into StashAway as investment rather than leaving it in the bank as that is my spare cash. Now I’m thinking could I have used the 30k and invest in elsewhere more profitable. Any advice?

Hi! We have about 40k in cash in various bank savings account. Is it wise to invest it right now? Keeping in mind I just worked for 3 months (fresh grad) and am planning to get married next year.?

Hey! I‘m using Endowus, which helps us invest cash, CPF, and SRS in globally diversified portfolios at low cost. Join me to get an upsized S$50 off your Endowus Fee!

Market seems to be very green now, should i hold off my cash for investment and keep the profit and deploy when it crashes?

Advertisement