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Some Quick Thoughts On Deploying CPF OA Funds For Higher Yields
By My 15 Hour Work Week  •  February 14, 2023
No, this post is not about me. In case you did not know, I have hardly any disposable OA funds to deploy. Instead, this is me strategizing for my in-laws, who have been procrastinating with regards to deploying their sizeable OA balance into T-bills or SGS bonds. A couple of months ago, they made a trip to UOB (their CPF agent banks), took back a form, and then that was it. They missed the auction date for that round of T-bill and there was no action since. As they said, you can lead the horse to water but you can’t make him drink. But maybe this time round, I would need to scoop the water up to the mouth. Attractive SGS 2 Year Bond 6-month T-bills are pretty common. There are two issues a month. For 1-Year T-bills, they are less common since there will only be 4 issues in a year. The next 1-Year T-bill is sometime in April....
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By My 15 Hour Work Week
Hi, I am Thomas (a.k.a. Mr 15HWW) and I am in my early thirties. Very happily married (very strong emphasis here), I am the co-writer behind this blog. The other permanent writer is my wife Jasmine who has written two blog post so far (good luck searching for it here). But well, her contribution goes far and deep since she thinks she is actually the mastermind behind the rest of the other post ...
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