There are a few requirements you have to meet before you can invest in your CPF. Namely:You have completed the CPFIS self-awareness questionnaire Firstly, if you choose to invest using your. Similarly, if you choose to invest with yourAdditionally, there is a stock and gold cap when investing with your OA. You can only invest up to 35% of your investable savings in stocks and up to 10% in gold.
As such, it is much easier for your investments to beat the OA’s 2.5% interest rate, making it a comparatively “safer” option. There is also a slightly larger selection of investment products available when investing with your OA as compared to your SA, as a few higher-risk investments are excluded from the list of products you can invest your SA in.
Endowment policies, on the other hand, are a type of insurance product where you will receive a lump-sum payment upon maturity or death. You can choose the duration of the endowment policy.1. AIA Singapore Private Limited 5. HSBC Insurance Pte Ltd 9. Tokio Marine Life Insurance Singapore Ltd Singapore Government Bonds and Treasury Bills
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Source: IndependentSG - 🏆 9. / 63 Read more »