tag:blogger.com,1999:blog-7944902213075756335.post8318745452138635652..comments2024-03-29T19:12:08.223+08:00Comments on A Singaporean Stocks Investor (ASSI): Government helping to fund my retirement.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-7944902213075756335.post-10713373349833118692018-09-15T12:18:23.068+08:002018-09-15T12:18:23.068+08:00Reader says...
tell that new investor dun look at ...Reader says...<br />tell that new investor dun look at your 96k only<br />but must look at your 23k oso lol<br /><br />AK says...<br />What 23k is that?<br /><br />Reader says...<br />ur cpf interest lol<br /><br />AK says...<br />Oh, yes, that is passive income too. <br />Coupons from an investment grade sovereign bond. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-77600390010406563382018-06-01T12:11:36.670+08:002018-06-01T12:11:36.670+08:00Siew Mun says...
Putting in money in CPF is a no b...Siew Mun says...<br />Putting in money in CPF is a no brainer and super lazy way to earn returns. Only need to look at the account once every year on around 4-5 Jan when interest is deposited. Most happy day to me. 😄AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-81494823751406078862018-06-01T12:03:26.243+08:002018-06-01T12:03:26.243+08:00Siew Mun says...
My CPF forms a large percentage o...Siew Mun says...<br />My CPF forms a large percentage of my overall wealth. I reckon I am going to hit $1m in 4 years time when I hit 57. I will continue to grow my CPF as long as possible.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-25147486570587649182018-06-01T11:54:18.168+08:002018-06-01T11:54:18.168+08:00Jackson Yang says...
I enjoy my tax relief 1st wit...<br />Jackson Yang says...<br />I enjoy my tax relief 1st with RSTU... that's an advantage that totally cannot ignore.<br /><br />Savings on tax and let government work harder for my money is one stone kill 2 birds.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-45741202163244164562018-06-01T11:37:14.244+08:002018-06-01T11:37:14.244+08:00Reader said...
My take is that the best approach i...Reader said...<br />My take is that the best approach is to assume that CPF is non-existent and not part of the retirement funding. Focus on the own investment portfolio as a basis for the retirement plan. <br /><br />AK said...<br />It would be irrational to treat my CPF savings (which is quite substantial) as non-existent. ;p<br /><br />For someone who has very little in his CPF account, maybe.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-55516735038330154012018-01-04T12:04:24.897+08:002018-01-04T12:04:24.897+08:00Hi IM,
You made the decision after a few days. Th...Hi IM,<br /><br />You made the decision after a few days. That's pretty fast. :)<br /><br />Some people I know are still sleeping on it after I shared the idea with them years ago...<br />AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23255187614032377932018-01-03T22:31:59.552+08:002018-01-03T22:31:59.552+08:00Hi AK Shifu,
Your blog has taught me many useful ...Hi AK Shifu,<br /><br />Your blog has taught me many useful CPF tips such as transferring OA funds to SA. I did the OA to SA transfer for my home maker wife and myself two years ago to max out the SA ceiling. It was a tough decision at first because it was an irreversible action and it took me a few days before i decided to proceed the transfer with the goal of growing more retirement funds. I amInvestmindshttps://www.blogger.com/profile/01889470330516440329noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-16486300665636845332018-01-03T20:56:32.090+08:002018-01-03T20:56:32.090+08:00Hi MJC,
I am not recommending that we leave our C...Hi MJC,<br /><br />I am not recommending that we leave our CPF money untouched all the time.<br /><br />I also treat my CPF-OA savings as a war chest which I can use to invest with when opportunities knock like during the Global Financial Crisis.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-17276722892643396122018-01-03T15:44:22.410+08:002018-01-03T15:44:22.410+08:00Thanks for sharing AK. I also strongly recommend k...Thanks for sharing AK. I also strongly recommend keeping funds in CPF untouched and letting it grow. For those who are skeptical (and I'm not saying I'm not!), there is always the option of pledging one's own property and cashing the balance out at age 55. That might seem like a long time away to some people, but trust me, time flies! :) Ming-Jie Chaihttps://www.blogger.com/profile/15036317534807087910noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-67577354938124835282018-01-03T14:29:39.227+08:002018-01-03T14:29:39.227+08:00Hi Laurence,
I am sure we can learn a thing or tw...Hi Laurence,<br /><br />I am sure we can learn a thing or two from the sloths. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-54073718852157890912018-01-03T14:27:42.152+08:002018-01-03T14:27:42.152+08:00Coincidentally, the three-toed sloth is exactly li...Coincidentally, the three-toed sloth is exactly like this. Lol.<br /><br />Quote:<br />AK is a lazy fellow but AK likes to eat fruits.<br />When he goes to the orchard to pluck fruits from fruit trees, he would pluck those low hanging fruits first.<br />They require the least amount of effort and they also pose the least amount of risk.<br />Unquote.laurencehttps://www.blogger.com/profile/00674907410230833403noreply@blogger.com