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Cpf investment vs cash investment

justarted, CPFIS?? you referring to unit trusts?? bt anyway, fyi, dividends from shares using CPFOA to buy 1 will be credited back to your CPFOA..

 

if i'm not wrong, for CPFIS (CPF Investment Scheme), profits are credited back into the CPF accounts except for dividends, which is given in hard cash, but is subjected to tax.

 

portsmouth, differences as below (anybody please add on or correct me if i am wrong somewhere or if i left out anything)

 

CPFOA -

limit of 35% of investible CPFOA can be use only for shares purchases

only singapore incorporated stocks can only be bought by that 35%

fees and charges applied to both brokerage house and agent bank (one need a CPFIS-OA    account with only one of the agent banks <DBS, OCBC or UOB>) and any other related charges

all realised profits/dividends will be credited back into CPFOA

cannot contra on 1st day of purchase

 

Cash -

no limit, only limit imposed by your dealers/remisiers/brokerage houses

any shares listed on sgx can buy

no need agent bank (less 1 set of fees and charges)

profits/dividends in hard cash

can contra on 1st day of purchase

 

Can any kind souls out here enlighten me on the differences between a cpf investment vs cash investment??? csuse think off usinf cpf to invest.

 

Thanks in advance