How to use CPF for investment?

currently, i m interested in stocks but don't know how to apply the account to invest. Anyone can guide me along.

You need to open a CPF-IS account with a local bank (DBS, OCBC or UOB). You have to go to the bank to do this or through a FA. After that, you can choose your broker. The local banks have it and you probably do it the same time when you open the CPF-IS account.

However, before you invest into local stocks, do you know the risk? Are you investing into stock because you see many others doing it? Do you have the time and expertise? You should sit down with a good FA to clear your thoughts.

Tags

　　Investment Company 　　Investment Calculator 　　Investment Bank 　　Investment Advice 　　Investment Account 　　Invest Money 　　Invest in Gold 　　Invest Fund 　　Income Fund

Related information

Have you heard of an investment company called Dongyin Futures?

They're calling you? Stay away! I believe it's illegal to solicit investments from cold-calls like that.

...

I'm looking for an investment that returns 5% to 10% (or more, hopefully), & still secures my principal.?

UMREX UMESX USCOX

...

How can I report statement of investment income in Canda?

Hi David, I can easily answer your question, but I would need just a tad more information about the T5 slip. Firstly, whose social insurance appears on the slip? Yours or hers? Secondly, doe...

What is the best type of investment to set up for retirement?

If you have a 401k already, a roth IRA is your best bet (so long as you qualify). In this account you put post tax dollars which can grow tax free until withdrawn. If you do not currently hav...

Chinese Yuan: a better long-term investment that the pound?

What's up with people and complicated questions today? The Chinese Yuan is likely a better long-term investment, but the answer isn't that simple. It depends on your timeline and if y...

If someone tells you about an investment that had a return that averaged 27% per year, how risky would this be

If this was 1998 I would say C but in today's market it's a D!

...

What is an deemat account?

The term refers mainly to the Indian stock market. "Demat shares" are shares that are in electronic, nor paper, form. Demat is short-hand for "dematerialised," i.e., not in p...

I just opened an account with sharebuilder.com that I want to make money with...?

It certainly is possible to do what you are seeking on a occasional basis, but on a consistant basis it is extremely difficult. Something called the law of averages tends to kick in and kick butt....