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

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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

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Friday, 16 June 2017

The Secret Behind $33K CPF Accounts Interests on Jan 2017

Read? My CPF : Like It or Hate It!!!

What is the secret behind $33K CPF accounts interests on Jan 2017?

Doing yearly voluntary CPF contributions?


The secret is  ......

Buy a smaller home when you can comfortably afford a bigger one with your CPF OA balance at the time of purchase and then LIVE (not stay) happily in that home till your retirement.

No need for any voluntary CPF contributions and that is Uncle8888's secret!

Nothing extraordinary about it!


  1. Bravo Uncle CW !!👍👍👏🏽👏🏽
    Compounding Effect... The eighth wonder of the world !!! :-)
    Cheers !!!

    1. That prove even with low single digit 2.5% CAGR over 40 years can work wonder too

  2. Even better if can afford to use take home pay for mortgage instead of CPF! Kekeke!!!

    But may be too much for most young couples now...

    2nd secret? Having a long career that pays well!! Hahaha!!! :) :)

    1. 2nd secret? Having a long career that pays well <--- First path in our journey of saving/investing

  3. Wow thats a nice huge interest every year.

    1. The asnwer will be clear in Dec 2017 and Jan 2018. Patiently wait for another 6 and 7 months

    2. Kekekeke!!! Uncle CW should have already met the Minimum Sum for his cohort!! :)

      So whatever left in his SA & OA can be utilized to milk the annual interest.

      If do partial CPF withdrawal, they will withdraw the interests from SA & OA first, and then from the main balance in SA, and lastly from OA.

      From CPF Website, they said the interest will be from start of the year till the previous month.

      So if go in Dec, the interest will be from Jan-Nov only.

      So to get full year interest from Jan-Dec, have to go in Jan???
      But how to stop CPF from crediting the interests into the main balances of both SA / OA on 31st Dec????

      If go in Jan will basically be extracting the interest credited into the main balance of SA only??

      Cannot extract from OA becoz need to clear SA before can touch OA???? Aiyoh blur liao!!! Hahahaha!!!!

  4. Quote ...No need for any voluntary CPF contributions and that is Uncle8888's secret!

    Nothing extraordinary about it!...unquote

    It is extraordinary because you need will power to withstand the material needs even you can afford to do so (wife nagging as well).

  5. May I do some ball park calculation of $33K interest?

    Assume SA 148K, MA 40K; interest is $6.6K and $1.6K respectively.

    Remainder interest $24.8K is from OA. Thus, OA amount is $992K.

    W O W !!!


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