Few Singaporeans realise that their CPF Ordinary Account (OA) savings can actually be invested through the CPF Investment Scheme (CPFIS).

The idea is appealing: instead of earning the 2.5% interest, why not aim for potentially higher returns?

However, even for those who know, few dare to invest since their CPF savings are looked upon as housing and retirement money. 

What Is CPF Investing and How Does It Work?

CPF investing refers to using your CPF savings under the CPFIS to buy approved investment products.

You can invest your OA under CPFIS if you: 

• are at least 18 years old; 
• are not an undischarged bankrupt; 
• have more than S$20,000 in your OA; 
• and have completed the CPFIS Self-Awareness…