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 8 October 2017

How I Accumulate $1M In CPF OA!

Year on year voluntary top up to CPF Accounts?

1. Mandatory CPF contributions as full-time employee

2. Becoming one patient and discipline CPFIS investor who is only active during STI bear markets

3. Compounding interests at CPF OA  2.5% rate

Read? More CPF investors beat guranteed risk-free returns in fiscal 2016

Read? One Uncommon Way To Top Up CPF OA Through CPFIS


  1. Yup, one workable strategy.

    The question is how big is your OA war chest? Many Gen Y may have not very much OA due to high mortgage payment.

    Just a diary note.

    1. Statistically based on median income, likely many of us will have small war chest in cpfis after mortgage and that is why we have to be very patient and wait for growth dividend and capital gains opportunity. But many are just happy with yield beating CPF OA 2.5% can Liao. Why wait?

  2. From CPF 2016 annual report ...

    As at 31 December 2016, there were 917,373 CPF members who invested under the CPFIS-OA Scheme, an increase of 0.7% from 911,322 CPF members as at 31 December 2015. However, the total amount of OA savings invested decreased by 4.9% to $18,139.6 million as at 31 December 2016, from $19,070.9 million as at 31 December 2015.

    As at 31 December 2016, there were 343,796 CPF members who invested under the CPFIS-Special Account (CPFIS-SA) Scheme, a decrease of 6.5% from 367,818 CPF members as at 31 December 2015. The total amount of SA savings invested decreased by 4.3% to $5,025.7 million as at 31 December 2016, from $5,251.6 million as at 31 December 2015.


    So, average $19,773 per person invest their OA in 2016 ($18,139.6 million / 917,373)
    However, it did not state what was the % of CPFIS.

    1. Page 39, under CPF INVESTMENT SCHEME (CPFIS)


    There were a total of 146,340 cash and CPF top-ups amounting to $1.8 billion to RA and SA in 2016. This represented an increase of 30.0% and 96.0% in the number of top-ups and top-up amount respectively, compared to 2015.

    + + +

    More people now builds their retirement nets. Is a long journey, a sure one (IMO).

  4. Sir, perhaps uninterrupted 39 year long career tells me how you accumulated a 6 digit number in pension account.
    What would be the reduction in pie if none of the amount is invested (in other words left to pension interest) in the stocks?

    1. Can remove up to 35% of the Pie if CPFIS fund is not invested

  5. I think the CPF contribution of employee and employer are much higher during the period 70s to 90s. I recalled the contribution was 20%-20% from both side with either no cap or higher cap.

    1. You are right that CPF was higher pre-AFC and Rules has changed after that. When I started working as technician, my gross monthly pay was $310. Those days there was no such thing as bell curve appraisal system and performance bonus.

      It was just 13th month AWS.

      Work life was much slower and after office hours we were not contactable. Lol!


Related Posts with Thumbnails