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.

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Value Investing
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Saturday, 16 March 2019

The Risk of CPF Accrued Interest So Scary Meh??? (Refresh)


Read? The Risk of CPF Accrued Interest So Scary Meh???

 Read?  Turning 55 - and enjoying financial freedom (2)

 It seen that some CPF members may not understand CPF accrued interests well enough and then own-self scares own-self!

 This morning; Uncle8888 again heard this concern on scary CPF accrued interests! :-)








Posted by Createwealth8888 at 18:23
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4 comments:

  1. Spur17 March 2019 at 01:32:00 GMT+8

    As long can meet FRS at 55, then no more otang the cpf amount used for housing plus the accrued interest.

    However most will choose BRS so will otang 1/2 FRS if sell pledged property.

    Soln: Don't sell lorr.

    ReplyDelete
  2. Siew Mun17 March 2019 at 07:15:00 GMT+8

    CPF claimed that I owed $25,000 of accrued interests when I enbloc. I kwai kwai top up $25,000 to my CPF OA. Learn to play the game

    ReplyDelete
    Replies
    1. Createwealth888817 March 2019 at 08:58:00 GMT+8

      Before 55 has to pay accrued interests. Can afford to pay back accrued is huat!

      Delete

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