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View Full Version : How I Manage My CPF – Past, Future and Philosophies from investmentmoats


Arcachon
26-11-17, 18:41
http://investmentmoats.com/uncategorized/how-i-manage-my-cpf-past-future-and-philosophies/

If you think this is a spam please do not click to read let others enjoy.

One man's meat is another man's poison.

I like this forum because you got only 10 minutes to correct what you write and after 10 minutes it is cast in stone.
Kelonguni
26-11-17, 19:26
Actually he is saying what many of us in this forum say.

It is easy to beat the CPF OA rate. Maybe the SA takes a bit more work, but several instruments consistently beat that as well, sometimes by a huge percentage in good years.

For the extremely risk adverse, and want to be 100% safe, then CPF is the way to go.

I am currently using OA to finance a part of mortgage and "changing CPF to cash" to re-invest in areas deemed to be higher growth. But never withdrew all.
Arcachon
26-11-17, 19:55
https://i.imgur.com/whmg52t.png

He may not speak all the truth but he sure wakes them up.
cbsh38584
17-03-18, 19:06
https://i.imgur.com/whmg52t.png

He may not speak all the truth but he sure wakes them up.

This guy had migrated to Taiwan. S'porean are smarter now. I was at UOB tampines branch just 2 weeks ago. The bank teller told me that more people are withdrawing from the UOB saving bank (0.05%) & moved to CPF "saving plan" (2.5% to 4%).

1) I managed to convince my 2 nieces (age 30/32) to move their CPF OA $50k (2.5%) to SA (4%).
50k compounded at 2.5%. At age 65 (35 yrs) . It will grow from 50k to 118k
50k compounded at 4%. At age 65 (35 yrs). It will grow from 50k to 197k
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The different 197k - 118k = $79k
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2) I have put another 30k (1st 40k earns 5%) in my 2 sons (6&9)special acct.

3) I did top up my father's (age 86) CPF RA 7k in early 2016. I did not trigger the payout . So his 7k in his RA acct is Earning 6% yearly. I am likely to top up to 20k. 1st 20k earns 6%. Next 20k earns 5%.