Read? Counting Compounding Interests in CPF Accounts. No Stress!
Why Uncle8888 loves his CPF OA?
With his planned retirement after his 60th birthday in Sep 2016 and with no more CPF contributions from his employment, will he be able to achieve his Goal of becoming Millionaire CPF Member in Ordinary Account?
That Man will laugh again!
Why set Goal when you have no control over it?
Posts
CW,
ReplyDeleteThis post not so clear. May confuse newbies.
I poke goal setting on compounding investment returns; I never poke on compounding interests:
Compound investment returns - Markets will do what it wants to do; we can't control. This is where I can poke on setting consequential goals we can't control :(
Compound interests - Of course we like! Who doesn't? That's what we can "control" just as long we don't pick bones in eggs that governments can be like Greece, and banks can be like in Cyprus... So setting goals here much harder to face disappointments. It's math for crying out loud!
Fully agreed!
DeleteWe should poke those shouting loud on compounding investment return and their multi-year projected return. KNS!
OMG!
DeleteRelax, relax.
Come, sit and have a char shao bao.
We do bird watching lah.
Look! 2 O' clock quick.
That one chio!