Cpf special account

[endlssorrow]

Only got 4% interests right?
Min put inside is $40k right,
What’s the odd to take out the rest to buy structure funds under certain insurance company?

 

[reddevil0728]

What do you mean by odd??

https://www.cpf.gov.sg/member/growing-your-savings/earning-higher-returns/investing-your-cpf-savings

 

[endlssorrow]

What do you mean by odd??

https://www.cpf.gov.sg/member/growing-your-savings/earning-higher-returns/investing-your-cpf-savings

Returns higher lor hahaha

 

[reddevil0728]

Returns higher lor hahaha

i don't get why is it about odds on whether you can take out or not.

 

[endlssorrow]

i don't get why is it about odds on whether you can take out or not.

Take out what??

 

[reddevil0728]

Take out what??

the money from SA?

 

[endlssorrow]

the money from SA?

SA cannot take out
Win or lose in e end must put back

 

[reddevil0728]

SA cannot take out
Win or lose in e end must put back

u r asking whether can take out to buy right?

 

[endlssorrow]

u r asking whether can take out to buy right?

I’m asking the odds of return laaa

 

[reddevil0728]

I’m asking the odds of return laaa

I quote what you said… u just asking what’s the odds of taking out the rest to buy ma. Confused

What’s the odd to take out the rest to buy structure funds under certain insurance company?

 

[henrylbh]

Only got 4% interests right?
Min put inside is $40k right,
What’s the odd to take out the rest to buy structure funds under certain insurance company?

Any amount above 40k in SA can be invested in any eligible CPFSA products. Nothing odd and principal sum and returns are never guaranteed, unlike money in SA. Not easy to buy any product that would beat SA rate of return and the odd is you likely to lose with lower returns and bearing in mind the risk of total capital loss

 

[s0crates]

Don't do it. SA investment products are lower risk and hence not able to provide the returns you want.

Just keep it there. Higher risk investments do it on OA monies instead.

 

[iceblendedchoc]

Any amount above 40k in SA can be invested in any eligible CPFSA products. Nothing odd and principal sum and returns are never guaranteed, unlike money in SA. Not easy to buy any product that would beat SA rate of return and the odd is you likely to lose with lower returns and bearing in mind the risk of total capital loss

best to treat SA like the bond returns 4% is pretty sweet in a diversified portfolio. I allocate 10% into "bonds" like this

 

[BBCWatcher]

I’m asking the odds of return laaa

Hypotheticals are hard to pin down without a few details. Which specific product are you considering?

 

[sohguanh]

A lot of ppl have said SA best to leave it inside as 4% is hard to beat. Let me share my experience. There are 1-2 SA approved funds that beat the 4% just slightly. But becuz of current world bear market it has fallen behind. That is why I stop DCA into that SA approved fund. But in a bull market there are actually. You need not put all of your every month SA contribution by employer into that SA approved fund. You can allocate say 10-20% the rest go back to SA. So in a way you try to attempt to beat the 4% using that 10-20%. If it fail, your bulk contribution is still inside the SA earning 4%. A soccer team strategy I adopt mainly defensive but assign 1-2 strikers upfront to score goals.

 

[reddevil0728]

A lot of ppl have said SA best to leave it inside as 4% is hard to beat. Let me share my experience. There are 1-2 SA approved funds that beat the 4% just slightly. But becuz of current world bear market it has fallen behind. That is why I stop DCA into that SA approved fund. But in a bull market there are actually. You need not put all of your every month SA contribution by employer into that SA approved fund. You can allocate say 10-20% the rest go back to SA. So in a way you try to attempt to beat the 4% using that 10-20%. If it fail, your bulk contribution is still inside the SA earning 4%. A soccer team strategy I adopt mainly defensive but assign 1-2 strikers upfront to score goals.

Can share what fund that is?

 

[BBCWatcher]

A lot of ppl have said SA best to leave it inside as 4% is hard to beat. Let me share my experience. There are 1-2 SA approved funds that beat the 4% just slightly. But becuz of current world bear market it has fallen behind. That is why I stop DCA into that SA approved fund....

....And that's exactly what you shouldn't do, not as you've written it anyway. When the price of something is down that's a good thing for buyers. DCA'ing should NOT (triple underscore) be modified when the price of what you're buying falls. If anything you should take a look at whether you can boost your DCA amount to a new, higher, sustainable level when prices fall.

Otherwise it's like you walked into Fairprice, you see that apples are on sale at a low price you haven't seen for months, and you...run out of the supermarket empty handed? Does that make any sense? Of course not. Lower prices = great for buyers.

If you genuinely have/had the wrong strategy, OK, live and learn I guess. But it'd be way better to have this sort of strategic epiphany at or near a peak.

 

[sohguanh]

Can share what fund that is?

Just go FSMOne Fund Selector and choose show only SA approved funds. From there you narrow down. It is not a secret and the funds have been around for many many years. I like your phrase teach ppl to fish instead of give them the fish.

 

[sohguanh]

....And that's exactly what you shouldn't do, not as you've written it anyway. When the price of something is down that's a good thing for buyers. DCA'ing should NOT (triple underscore) be modified when the price of what you're buying falls. If anything you should take a look at whether you can boost your DCA amount to a new, higher, sustainable level.

If you genuinely have/had the wrong strategy, OK, live and learn I guess. But it'd be way better to have this sort of strategic epiphany at or near a peak.

I got my own CPF statement to show to myself it is correct strategy or not. I am just sharing my own experience. If readers think this is wrong strategy they can don't follow. But your style is like this is wrong strategy. If you think is wrong then don't follow it is that simple.

 

[reddevil0728]

Just go FSMOne Fund Selector and choose show only SA approved funds. From there you narrow down. It is not a secret and the funds have been around for many many years. I like your phrase teach ppl to fish instead of give them the fish.

I agree that’s for teaching how to fish