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Hi experts,
I am kinda in a situation.
Sold off my CPF stocks recently,
now CPF OA hv almost $500k.
Tot of buying another ppty but dun wanna
Pay the ABSD.
Guess I only left w buying unit trust.
Anyone can advise on how to select unit trust?
Seems that UT give very vague info.
Thanks!
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MoneySense is a good source of info, for beginner. You might want to take a look and do your own research there.
http://www.moneysense.gov.sg/understandi...rusts.aspx
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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21-01-2014, 04:45 PM
(This post was last modified: 21-01-2014, 04:45 PM by cyclone.)
2 cents :
If you are a high net worth individual, probably you may consider to invest in funds managed by d.o.g. OR funds managed by Mr. Yeo (Yeoman Capital Management) or funds managed by Eric Kong (Aggregate Asset Management) OR other funds, not just Unit Trust.
Specuvestor: Asset - Business - Structure.
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(21-01-2014, 04:49 PM)yeokiwi Wrote: (21-01-2014, 04:45 PM)cyclone Wrote: 2 cents :
If you are a high net worth individual, probably you may consider to invest in funds managed by d.o.g. OR funds managed by Mr. Yeo (Yeoman Capital Management) or funds managed by Eric Kong (Aggregate Asset Management) OR other funds, not just Unit Trust.
CPF savings can only used to invest in CPF approved funds.
The 65% part of the OA fund is the most difficult to invest due to the imposed limitations.
Hi Yeo san, I see. Learn something again. Thanks.
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Yeokiwi, u r right.
Really hving a headache bcos of all the restrictions of CPF.
Now only can stare at it getting 2.5% p.a.
while thinking of wat to invest with it
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Kind of curious why you sold off your CPF share instead of staying invested. Can share?
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Hi egghead, bcos most of my stks are speculative.
Getting busy nowadays, so decided to liquidate all of it