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31-03-2014, 09:47 PM
(31-03-2014, 09:33 PM)csl123 Wrote: If you decide to take a HDB loan, HDB will clear everything in the cpf oa account before granting you a loan. Therefore you need to transfer the money out of the oa through investment prior to the "sweep". Bear in mind that your savings will be subjected to market and securities risk when you invest.
If you decide to temporarily park your money in investment and transfer back to CPF, have to keep exposure period minimal and go for low beta securities.
What is the best way to do CPFIS parking? Years ago, I did the CPF FDs way. Now no more.
One low risk way is to plonk entire CPF Stock Limit into unconditional offers e.g. Singapore Land. Lose some money and some commission.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster