Mr Tan,
Any advice on investing CPF savings?
REPLY:
1. Transfer the maximum amount to the special account, to earn a higher interest rate of 4 percent.
2. Keep a modest amount of your ordinary account to meet a few monthly installments of your property. Invest the remainder in a low cost, diversified equity fund, as explained in this FAQ. You are likely to earn a higher return on this fund, compared to the interest charged on your housing loan.
3. Talk to a financial adviser, to make sure that the figures are up-to-date, and correct.
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