OG: Can dump cpf into fixed deposit accounts.
08-11-2022, 12:10 PM
08-11-2022, 12:14 PM
PAP said high interest is bad for u lah.
08-11-2022, 12:35 PM
(08-11-2022, 12:14 PM)Notdumb Wrote: PAP said high interest is bad for u lah.
For them lah.
不可以再躺着收钱了。
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
08-11-2022, 12:54 PM
they should pay higher rate
08-11-2022, 01:52 PM
That will rile the makers ...
08-11-2022, 02:30 PM
Quote:synthian wish granted Liao
No weapons that forms against me shall prosper
No tongue that rises against me I shall condemn
☝️
08-11-2022, 04:26 PM
This will force them to increase the rate if every eligible member started to withdraw their CPF.
09-11-2022, 08:07 PM
(08-11-2022, 12:10 PM)sogo Wrote: https://www.cpf.gov.sg/member/growing-yo...me-options
Anyone wanna try?
so worth to put in Treasury Bills ?
the interest close to Special Account ?..............if close, even without compounding still okay leh...........
T-bills got to pay any fees on a regular basis ?.............the T-bills mature every 12 months then apply again - still better than keep in Ordinary Account leh........
09-11-2022, 08:08 PM
(09-11-2022, 08:07 PM)Napoleon Porlumpar Wrote: so worth to put in Treasury Bills ?
the interest close to Special Account ?..............if close, even without compounding still okay leh...........
T-bills got to pay any fees on a regular basis ?.............the T-bills mature every 12 months then apply again - still better than keep in Ordinary Account leh........
Special account no need to touch. OA can pump into treasury
09-11-2022, 08:19 PM
Yah lor.
Instead of whining about low OA rates , use it for Tbills or FD.
That would be better than increasing OA interest which would hantum those on HDB loans.
No need to have a win-lose situation
Instead of whining about low OA rates , use it for Tbills or FD.
That would be better than increasing OA interest which would hantum those on HDB loans.
No need to have a win-lose situation
09-11-2022, 08:57 PM
09-11-2022, 09:01 PM
(09-11-2022, 08:07 PM)Napoleon Porlumpar Wrote: so worth to put in Treasury Bills ?
the interest close to Special Account ?..............if close, even without compounding still okay leh...........
T-bills got to pay any fees on a regular basis ?.............the T-bills mature every 12 months then apply again - still better than keep in Ordinary Account leh........
My friend already using her CPF $$$ for this round
09-11-2022, 09:54 PM
cpf interest rates look like a joke now...
09-11-2022, 10:54 PM
In the past you can transfer. The bank will arrange it with the CPF. Now dunno if the same cos for decades bank's interest is so pathetic.
10-11-2022, 08:06 AM
This 4G has deprived us of our right to make more interest elsewhere and thus, they also have relinquish their right to increase the minimum sum. If they move the goalpost 5 years later, the whole PaP must resign to be responsible.
10-11-2022, 07:31 PM
(09-11-2022, 09:01 PM)Ahnya Wrote: My friend already using her CPF $$$ for this round
so can use all the OA funds except for 1st 20K into Treasury Bills ?
the T-bills interest close to Special Account - got 4% or not ?..............
T-bills got to pay any fees on a regular basis ?.............the T-bills mature every 12 months then apply again ?
## so how exactly to apply for T-bills ?...............need to open any additional account or anything ?
10-11-2022, 07:33 PM
Why not
Fd higher interest than cpf
Fd higher interest than cpf
No weapons that forms against me shall prosper
No tongue that rises against me I shall condemn
☝️
10-11-2022, 07:36 PM
(10-11-2022, 07:31 PM)Napoleon Porlumpar Wrote: so can use all the OA funds except for 1st 20K into Treasury Bills ?t ills using cpf to buy hv to pay service n maintenance fees qrtly .ask the bank
the T-bills interest close to Special Account - got 4% or not ?..............
T-bills got to pay any fees on a regular basis ?.............the T-bills mature every 12 months then apply again ?
## so how exactly to apply for T-bills ?...............need to open any additional account or anything ?
10-11-2022, 09:14 PM
(10-11-2022, 07:31 PM)Napoleon Porlumpar Wrote: so can use all the OA funds except for 1st 20K into Treasury Bills ?
the T-bills interest close to Special Account - got 4% or not ?..............
T-bills got to pay any fees on a regular basis ?.............the T-bills mature every 12 months then apply again ?
## so how exactly to apply for T-bills ?...............need to open any additional account or anything ?
Sorry , I can't answer that. Cos I use cash
10-11-2022, 09:17 PM
10-11-2022, 09:37 PM
10-11-2022, 10:46 PM
11-11-2022, 12:36 AM
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