I stupiak ! withdrawn $250K from my CPF and put in FD -
limpeh394 - 28-01-2023
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
RE: I stupiak ! withdrawn $250K from my CPF and put in FD -
sgh - 28-01-2023
(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?
RE: I stupiak ! withdrawn $250K from my CPF and put in FD -
limpeh394 - 28-01-2023
(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
RE: I stupiak ! withdrawn $250K from my CPF and put in FD -
watchfirst9 - 28-01-2023
(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.
RE: I stupiak ! withdrawn $250K from my CPF and put in FD -
sgbuffett - 28-01-2023
(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?
RE: I stupiak ! withdrawn $250K from my CPF and put in FD -
red3 - 28-01-2023
Why borrow at 2.5% ??