Sunday, 3 January 2016
Counting Compounding Interests in CPF Accounts. No Stress!
CPF interests have been credited in our accounts!
Shiok!
We are receiving them without any stress. This is the power of compounding interests! The 8 Wonder of the World!
Compounding interest is NEVER SAME as compounding investment return in our investment portfolio. Compounding investment return in our investment can be negative. It may return us to worse off position after years of investing. So make sure that you fully understand the difference. Don't anyhow be seduced by those loud voices in the cyber world on compounding for long-term investing.
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