Are you satisfied with the 2.5% p.a. interest given to you by CPF?
I’m not, as I know stock markets can potentially gives much higher returns.
‼️Note: This is not any form of financial advice. You should understand that all investments carries certain risks. Please do your own research.
My CPF portfolio at Endowus is currently showing a gain of 4.42%.
Endowus is a MAS-licensed investment advisor that helps us invest our CPF, SRS, and cash savings in globally diversified portfolios. When you sign up and fund your account, we each get $10,000 in assets advised for free for 6 months. https://endowus.com/invite?code=GFZRS
My goal is to use the currently available amount in my OA to achieve a minimum of 7% p.a. for 26 years (65 years old) which by then, I can use a portion of the portfolio for CPF LIFE.
- Target CPF monies to be invested: S$76,000
- Current CPF monies invested: S$45,000
I have been slowly DCA-ing into this portfolio for the past few months and going to let it do its work.
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