This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
the qn is. why and when did you do that first transfer?
ReplyDeleteLong long ago. Sometime, the more we spend our time reading and visiting forums, we will get influenced by good financial opinions and investment ideas.
Delete4% CAGR is definitely good enough for most people. Can Do!
Some people top-up their SA using cash.
ReplyDeleteBy doing so, they also save some tax money.
The CPF fund is monthly compute if i remember correctly. Another is SA can invest too but narrower. Appear includes ETFs which i think well cover the situation.
ReplyDeletehttp://mycpf.cpf.gov.sg/Members/CPFSchemes/CPFInvestmentScheme_and_SDS.htm
Why top up SA from OA and then invest?
ReplyDeleteIf want to invest should have done from OA.
Monthly? Don't think so.
From my RA, it is yearly. First $40K @ 5% and rest of RA @ 4%
RA is easily computed by hand. No change in initial amount. Direct compounding from Year 1.