One common complaint about CPF is its “untouchability”.
Due to its restrictions and specific uses, the savings put into the CPF can often be left untouched until one is turning 55 years old.
On the other hand, there are also a number of Singaporean who find the restriction to be beneficial. After all, the purpose of CPF is for retirement and how can one have sufficient savings should they allowed to spend as and when they like?
Additionally, CPF provides interest rate that are adjusted for inflation and is higher than your typical fixed deposit rates.
Nonetheless, you might prefer to have higher returns by taking investing into your own hands.
In this article we will walk you through how to invest using your CPF money.
CPF Interest Rates
Almost everyone would agree that CPF pays a really reasonable interest rate. These are as follows:
Ordinary Account (OA)...
