I stupiak ! withdrawn $250K from my CPF and put in FD
#1

shd have invest in T-bills through CPF
later FD rate lower then CPF,  then I am stuck outside in FD lower rate
CB nobody from CPF helpdesk/FAQ/staff told me this despite I went down/call/email
Reply
#2

(28-01-2023, 05:20 PM)limpeh394 Wrote:  shd have invest in T-bills through CPF
later FD rate lower then CPF,  then I am stuck outside in FD lower rate
CB nobody from CPF helpdesk/FAQ/staff told me this despite I went down/call/email

Later FD lower than CPF? I thought when you place you already know the FD rate? You mean CPF to put FD at point of placement you don't know the rate in advance?
Reply
#3

(28-01-2023, 05:34 PM)sgh Wrote:  Later FD lower than CPF? I thought when you place you already know the FD rate? You mean CPF to put FD at point of placement you don't know the rate in advance?

now FD is 4.18 while CPF is 2.5
but the rate down the road FD may drop lower than 2.5
Reply
#4

(28-01-2023, 05:20 PM)limpeh394 Wrote:  shd have invest in T-bills through CPF
later FD rate lower then CPF,  then I am stuck outside in FD lower rate
CB nobody from CPF helpdesk/FAQ/staff told me this despite I went down/call/email

FD is base by mths and year.
Depend on your judgement. Unless you no confident.
Reply
#5

(28-01-2023, 06:26 PM)limpeh394 Wrote:  now FD is 4.18 while CPF is 2.5
but the rate down the road FD may drop lower than 2.5

Just enjoy while higher

Can tell us the secret to accumulating so much CPF?

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
Reply
#6

Why borrow at 2.5% ??
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)