I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

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



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Sunday 5 April 2015

Top Up CPF SA From CPF OA? Depending On Who You Ask! (2)



Read? Top Up CPF SA From CPF OA? Depending On Who You Ask!

Uncle8888's comment to one blog post on topping up our SA:  

"I only did it once contrary to the common wisdom as advised by many investment bloggers and advisers"



Think, Think, Think and think above the common wisdom of compounding interests of 4%. 

Mr. Market rarely gives us his opportunity; but over the next 10 to 20 years when he did. Can we after so many years in the stock market as active learners and inspiring to be "savvy" investors in our lifetime beat this 4% compounding wonder?


What do you think?


3 comments:

  1. You are aright... it depends who who ask for topping up $7K to SA.

    1. Base on 10 years saving of 70K, one could have the opportunity to double or triple his capital. So, it will gain more.... the catch is you it can be done but don't know when.

    2. For people choose to top up $7K a year to SA, it is kind of idiot proof way to grow his money at steady rate... almost guarantee. The catch is it is liquid and you have to wait till age 65 draw-down (may be increase to 70?).

    For me, I prefer option 1.

    ReplyDelete
    Replies
    1. typo error...
      You are right... it depends who you ask for topping up $7K to SA.

      Delete
    2. We are active investors so most likely we will choose option 1. If not, why waste our time in the stock market doing so much monitoring and learning.

      Delete

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