InvestSg:
Got a question: Is it possible to max out SA, use the money to buy SG gov bonds, then top up SA again to max, and then sell the SGBs and return money back to SA? workable bo?
From AK's FB wall:
AK:
I have yet to see anyone do this. Personally, I don't think it is advisable unless we want much more of our funds in our CPF-SA which we cannot access till we are 55. Liquidity should be a pertinent consideration.
Definitely, like I have always said, it is prudent to treat the CPF-SA as the investment bond component of our investment portfolio but, for the average investor, going beyond the FRS is probably overdoing it.
The exceptions would be investors who are very rich and the FRS is too low a percentage of their total portfolio ......
