DBS Group (SGX: D05)
DBS should be a well-known name to most Singaporeans, being the country’s largest bank by market capitalisation. The lender is considered the bedrock of Singapore’s economy along with its two peers OCBC Ltd (SGX: O39) and United Overseas Bank (SGX: U11). ...The Central Provident Fund (CPF) system is a great way for you to accumulate savings and better prepare for your retirement.
Did you know that apart from mandatory contributions to your CPF accounts, the government also allows you to invest money that is sitting in your Ordinary Account (OA)?
You will need to open a CPF Investment Account (IA) which you can read more about HERE.
Investors tend to gravitate towards solid, blue-chip names when selecting stocks for their CPF IA.
The idea is to enjoy a good night’s sleep while allowing your money to compound over the years.
Here are four dependable blue-chip stocks that you can add to your CPF IA watchlist.
