Is investment in CPF better th

2022-08-29

Is investment in CPF better then stock market?

Ordinary Account interest rate

Interest rate from 1 July 2022 to 30 September 2022: 2.5% per annum

Reviewed quarterly, this rate is computed based on the 3-month average of major local banks' interest rates1 (subject to the legislated minimum interest of 2.5% per annum).

1 0.09% for the period from February 2022 to April 2022

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

ckww
2022-08-29
ckww
If you are putting cash into CPF account to earn the 2.5% interest and is not near 55, then you may have to consider that the money put in will have to stay in the account for a long time.
bernardtayet
2022-08-29
bernardtayet
It depends on individual risk and time horizon factors.
LesterTan
2022-08-29
LesterTan
Cannot even cover inflation. Long term equity buys are better if u buy solid companies
许哲东
2022-08-29
许哲东
recession next year
KacyYeo
2022-08-29
KacyYeo
😀
Irene104
2022-08-29
Irene104
Noted

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