OG: Can dump cpf into fixed deposit accounts. - Printable Version
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OG: Can dump cpf into fixed deposit accounts. - sogo - 08-11-2022
https://www.cpf.gov.sg/member/growing-your-savings/earning-higher-returns/investing-your-cpf-savings/cpf-investment-scheme-options
Anyone wanna try?
RE: OG: Can dump cpf into fixed deposit accounts. - Notdumb - 08-11-2022
PAP said high interest is bad for u lah.
RE: OG: Can dump cpf into fixed deposit accounts. - RiseofAsia - 08-11-2022
(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。
RE: OG: Can dump cpf into fixed deposit accounts. - Talent - 08-11-2022
they should pay higher rate
RE: OG: Can dump cpf into fixed deposit accounts. - red3 - 08-11-2022
That will rile the makers ...
RE: OG: Can dump cpf into fixed deposit accounts. - Lukongsimi - 08-11-2022
Quote:synthian wish granted Liao
RE: OG: Can dump cpf into fixed deposit accounts. - revealer - 08-11-2022
This will force them to increase the rate if every eligible member started to withdraw their CPF.
RE: OG: Can dump cpf into fixed deposit accounts. - Napoleon Porlumpar - 09-11-2022
(08-11-2022, 12:10 PM)sogo Wrote: https://www.cpf.gov.sg/member/growing-your-savings/earning-higher-returns/investing-your-cpf-savings/cpf-investment-scheme-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........
RE: OG: Can dump cpf into fixed deposit accounts. - sogo - 09-11-2022
(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
RE: OG: Can dump cpf into fixed deposit accounts. - Ahnya - 09-11-2022
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
RE: OG: Can dump cpf into fixed deposit accounts. - sogo - 09-11-2022
(09-11-2022, 08:19 PM)Ahnya Wrote: 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
Pap ownself automatic mah
RE: OG: Can dump cpf into fixed deposit accounts. - Ahnya - 09-11-2022
(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 $$$ for this round
RE: OG: Can dump cpf into fixed deposit accounts. - mrclubbie - 09-11-2022
cpf interest rates look like a joke now...
RE: OG: Can dump cpf into fixed deposit accounts. - Ernesto - 09-11-2022
In the past you can transfer. The bank will arrange it with the CPF. Now dunno if the same cos for decades bank's interest is so pathetic.
RE: OG: Can dump cpf into fixed deposit accounts. - Wy:Nox - 10-11-2022
This 4G has deprived us of our right to make more interest elsewhere and thus, they also have relinquish their right to increase the minimum sum. If they move the goalpost 5 years later, the whole PaP must resign to be responsible.
RE: OG: Can dump cpf into fixed deposit accounts. - Napoleon Porlumpar - 10-11-2022
(09-11-2022, 09:01 PM)Ahnya Wrote: My friend already using her CPF $$$ 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 ?
RE: OG: Can dump cpf into fixed deposit accounts. - Lukongsimi - 10-11-2022
Why not
Fd higher interest than cpf
RE: OG: Can dump cpf into fixed deposit accounts. - talky - 10-11-2022
(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 ?
RE: OG: Can dump cpf into fixed deposit accounts. - Ahnya - 10-11-2022
(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
RE: OG: Can dump cpf into fixed deposit accounts. - Ahnya - 10-11-2022
(08-11-2022, 04:26 PM)revealer Wrote: This will force them to increase the rate if every eligible member started to withdraw their CPF.
These newbies will bring the Tbills interest down.
This round is already lower than the previous.
RE: OG: Can dump cpf into fixed deposit accounts. - Napoleon Porlumpar - 10-11-2022
(10-11-2022, 09:17 PM)Ahnya Wrote: These newbies will bring the Tbills interest down.
This round is already lower than the previous.
so interest for T-bills are decided by people applying for it huh ?
RE: OG: Can dump cpf into fixed deposit accounts. - Sticw - 10-11-2022
(09-11-2022, 09:01 PM)Ahnya Wrote: My friend already using her CPF $$$ for this round
I wanted to... Then I thought why not collect the year end CPF interest first then come Jan I dump OA into the tbill
RE: OG: Can dump cpf into fixed deposit accounts. - Ahnya - 11-11-2022
(10-11-2022, 09:37 PM)Napoleon Porlumpar Wrote: so interest for T-bills are decided by people applying for it huh ?
Yes of course.
By the competitive bidders .