Ways to invest your CPF OA?

 I spoke with few from my cohorts on their use of their OA:

1. REIT. I bought REITs. Small bites for now. (But firstly, with my T-bills maturing in Nov 24, I can invest ~$100k from my srs)

2. ILP. One invested almost all OA into Annuity; he mentioned AIA;

3. ANNUITY. One in Prudential product, maybe not all OA Balance.

4. OA. Few still keep in OA, to earn 2.5%

5. STOCK. One already invested all in local stocks as dividends. He mentioned Banks n Reits.

6. CASH. One withdrew all and self-invest.

7. PROPERTIES. One withdrew to buy properties for children.

8. O/S EDUCATION. One finances his children overseas education.

9. CASH. One was told to withdraw all in CPF as he was no longer a SG, including his RA Balance.

10. LG500 ETF. One couple is all into Endowus LG500!!

11. O/S PROPERTY. One invested in MY property.

Caveat: OA balance has to put aside bare minumum sum of $20k which cannot be invested or withdraw.

My takeaway:

1. Thanks to the enabling CPF for our retirement lifeline.

2. Whatever and however we spend or Yolo our hardearned CPF, just don't get Scammed or Over-Greedy by quick high Gains.