HDB Loan or Investment

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#61
from cpf website:
""As part of the government's efforts to enhance the retirement savings of CPF members, an additional 1% interest will continue to be paid on the first $60,000 of a member’s combined balances, with up to $20,000 from the Ordinary Account (OA). ""

so even if your cpfoa is presently zero balance, u still can earn that extra 1% from 60K from your ma & sa.
Reply
#62
(27-05-2014, 10:01 PM)pantoo Wrote: Hi ghchua,

thank you for your reply. I will look out for these funds... and do you know if I am able to purchase these bond funds directly from the agent bank? (e.g. OCBC)

Don't try to buy direct from your agent bank. They will normally charge you a sales charge and it is not worthwhile to pay sales charge for a short term bond fund.
Reply
#63
(28-05-2014, 10:57 AM)ghchua Wrote: Hi ghchua,

Don't try to buy direct from your agent bank. They will normally charge you a sales charge and it is not worthwhile to pay sales charge for a short term bond fund.

Noted! It seems that POEMS is offering a promotion of 0% sales charge for purchasing bond funds! Smile

http://www.eunittrust.com.sg/promotionne...me&qsv=ASC
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)