PFF Panel 4
Seedly PFF 2019
Asked by Anonymous
Asked on 02 Mar 2019
With 50k you can buy many assets. Did you know in 2017, Singapore's medical inflation rate was 10%. It means your money is worth 10% less today compared to last year. 2.5%? Any good asset with cash flow could beat that even with no capital appreciation. Don't burn your money so easily.
Unless you have an investment that earns you more then 2.5%, do a CPF cash refund!
Basically you are putting the cash into your OA, which will earn 2.5%. So you if you somehow decided to just use the money to pay HDB loan, then just leave the money in OA and continue paying off the HDB loan.
But if you somehow want to spend on an investment, you can do an CPFIS. In the future CPFIS will be 0% fees!
Invest if you can get returns of higher than 2.5%.
Pay off your debt if you don't think you can.
If you are confident in getting more than 2.5% returns, by all mean do what you feel is the best for you. However, a lot times investments returns are not guaranteed but loan/debts interest are guaranteed.