Cpf OA transfer to SA

idrinkecoke

idrinkecoke

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Good idea? To earn extra interest. Was considering this or put my cpf into fold and stocks but risk is higher.
 
Jumpman23

Jumpman23

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idrinkecoke said:
Good idea? To earn extra interest. Was considering this or put my cpf into fold and stocks but risk is higher.
Click to expand...

If you are not using OA for housing (or already have enough buffer) why not? Reap the 4% gao gao.
 
dendii

dendii

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Investing your CPF only make sense if your risk appetite is higher imo. Why?

Low risk appetite you can only put in low risk investments meaning lower returns meaning about the same as what your CPF is giving you.

So unless your risk appetite is higher and you have the time horizon then it make sense to invest it for potentially higher return if you dont have a use for the amount.

Else, just transfer.

idrinkecoke said:
Good idea? To earn extra interest. Was considering this or put my cpf into fold and stocks but risk is higher.
Click to expand...
 
badsector

badsector

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once ur SA hit FRS, you no longer enjoy 7K annual tax relief for cash top up to SA
 
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