Best Ways To Invest Your CPF In 2024 | Beat OA 2.5% Interest
Вставка
- Опубліковано 30 лип 2024
- Sponsor: Webull (free stock) kvli.link/webull
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RESEARCH
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0:00 - Intro
1:06 - You need to be comfortable with taking risk
1:54 - Fixed income
4:54 - SG dividend stocks
7:20 - S&P 500
8:40 - World fund
10:07 - Conclusion
Terms and Conditions apply. For detailed terms and conditions, please refer to our website at www.webull.com.sg/.Webull Securities (Singapore) Pte. Ltd. (UEN: 202116981M) is a Capital Market Services Licence holder under the Securities and Futures Act 2001, licensed and regulated by the Monetary Authority of Singapore.All content presented herein may contain advertisements. No content should be construed as investment advice or recommendation, or an offer or solicitation, to deal in any investment product. All investors should consider for themselves if the investment products are suitable. Investors are advised to seek advice from a professional financial adviser if they are uncertain if the investment products are suitable for them. Past performance of any investment products is not indicative of future performance. The value of the investment products and the income from them may fall as well as rise. Investing in investment products contains risks and investors may lose all their investments.The content may be translated into other languages. Where such a translation is made, this English version remains definitive. If there are any discrepancies between the English version and any version of the content in another language, the English version shall prevail.This advertisement has not been reviewed by the Monetary Authority of Singapore.
Sponsor: Webull (free stock) kvli.link/webull
ROBOADVISORS
► Endowus (free $20) kvli.link/endowus
► Syfe kvli.link/syfe
► StashAway (50% off fees) kvli.link/stashaway
► AutoWealth (free $20) CODE "KelvinLearnsInvesting" kvli.link/autowealth
► UOBAM Invest kvli.link/uobaminvest
CRYPTO
► Gemini (free $10) kvli.link/gemini
► KuCoin kvli.link/kucoin
► Crypto.com app (free $25) CODE "kelvinlearnsinvest" kvli.link/cryptoapp
► Crypto.com exchange CODE "kelvinlearnsinvest" kvli.link/cryptoexchange
► Coinhako (20% discount) kvli.link/coinhako
► Coinbase (free $10) kvli.link/coinbase
► Independent Reserve kvli.link/independentreserve
► Tokenize Xchange kvli.link/tokenize
► Ledger kvli.link/ledger
► Trezor kvli.link/trezor
RESEARCH
► Seeking Alpha (offer price) kvli.link/seekingalpha
► Simply Wall St kvli.link/simplywallst
► TradingView kvli.link/tradingview
PAYMENT
► Trust Bank (free $10) CODE "R2MQBA4S" kvli.link/trust
► Instarem Amaze CODE "plTefu" kvli.link/amaze
► CardUp ($30 off) CODE "KELINVEST" kvli.link/cardup
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► Revolut kvli.link/revolut
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► SIA Kris+ (free $5) CODE "T425139" kvli.link/krisplus
► DBS Paylah (free $5) CODE "AHVULE614"
► FavePay (free $1) CODE "FAVETANKEL" kvli.link/fave
LIFESTYLE
► Envato kvli.link/envato
► Ohmyhome kvli.link/ohmyhome
Thanks a lot Kelvin for your sharing, super useful :)
Extremely useful, thank you!
Thanks for the information, Kelvin
CSPX the fees would be different or the same as if I'm buying from US stock market as it is in the london exchange?
Thank you!
Hey Kel, if we just do a automatic deduction from bank acc to invest in the US stock, how is the exchange rate like?
Thanks Kelvin for doing all the research for us 👍🏻 Can we use SRS account to buy us equity? If so which platform thanks 🙏
CSPX can buy fractional via IKBR?
i personally buy sg dividend stocks through traditional brokers, cause i prefer some security having my stocks reflected in cdp.
Hi Kevin, Thanks for another video, Can you please confirm there is another charge on WHT by endowus? How did you get the dividend 1.5%?
S&P500 doesn't give dividends right?
Wonder if new policy to close SA, would result in even more CPF members losing their savings thinking they can beat the Oa 2.5% interest rate.
Any idea which platforms besides Endowus allow us to use cpfis-oa to invest in US equities?
None.
i Can't transfer OA to SA..
9:30 why compare until so complicated for VWRA, just take annualized gains can alr boss
Hi kelvin in Singapore singaporean buy stock or us stock earn money need to pay tax or file up income tax or not thank sharing
No need
Thank you
Noted you mentioned transferring funds from OA to SA. Just wondering are you aware if the amount in SA in excess of the FRS can be withdrawn at 55?
There is no more SA after 55 years old. Whatever that is above FRS will then go to your OA. You can withdraw from OA.
Hi, thanks for your clarifications. Are you aware if we need to sell the UT bought with funds from SA when we reach 55?
if one passed on, all the RA will be distributed to family member? or CPF will not return all the RA sum back? Anyone can advise. tks!
Will return if there's any money left after the payouts
@@KelvinLearnsInvesting thanks Kelvin!
webull, trade Hong Kong shares, is ther free real time data ?
For cpf and srs, isn't peoms the cheapest Platform to use for Amandi?
POEMS doesn't have that 2 Amundi funds
Shall we top-up to SA or MA first? Any changes after with latest announcement?
Ma better
Pass 55, I'll withdraw all OA $$$ as cash to put in FD for better interest.
FD in SG is usually not higher than OA though. Except now. Which is not the norm.
@@txsics3916 Noted. Will put OA $$$ in FD (like OCBC 3%) using CPFIS instead of withdrawing as cash.
@@txsics3916 Thanks. Will go for OCBC's 3% CPF Time Deposit then.
All these constant adjustments make me reassess the credibility and sustainability of the CPF model. What we consider optimal now may not hold true in the future. In my opinion, investing in productive assets remains the most effective path to retirement.
I thought there’s a cap for SA (FRS) .. how do ppl put in 600k in SA acc?
After 55 put in ra
Pls do a video of your account hitting 100k🎉
@kelvinlearnsinvesting, would be great if you can do a video on how do we decide we should meet ERS at 55 years old. Which groups of people would likely do this etc? Thanks.
Working on it!
There are several non financial factors to consider. Really more about lifestyle than anything else...@@KelvinLearnsInvesting
@KelvinLearnsInvesting thanks for the new video. Very informative.
How can G use your money and then make money at same time interest earn they keep it??!
Banks don’t even do that 🤬🤬🤬
Look up Evelyn Burchett on the web😊
All webbulk advertisement lol
Yes, high risk high return and low risk low return. Don’t expect NO risk for high return, such as SA shielding at about 55, particularly for the (very) rich! Why should taxpayers contribute to the rich in such manner?! Paying high interest rate to these SA balances and yet allowing for withdrawals at any time above 55 is a serious loophole - it is long overdue and must be plugged!!
2.5% in OA is NOT tiny especially from 2000 to 2022 when interest rate was mostly below 1%. The government has been very generous to CPF members for over 20 years! So, don’t start screaming just because interest rate was higher for just the past 2 years. Moreover, you can always invest your OA balance for higher returns but at a higher risk of course. Don’t expect to have the cake and eat it all the time! Learn how to appreciate!!
Government invests your money in S&P 500 and earn annualised 10%. Pay you 2.5%.
Better find other ways of Investments