Tuesday, 30 April 2019
Transfer CPF OA To SA : The Duet In Your Mind!
Read? The Art of the Investment Duel
Inspired by the above post. LOL!
On 16 March 2017 (Thurs), on hindsight, BIGScribe has organized a duet on magical 1.5% extra points in CPF SA vs 35% of CPF OA in CPFIS to invest during Bear market i.e. market timing and time in the market.
Two vs One duet and left some attendees leaving the venue on that night becoming more confused.
Read? Is the extra % points in the CPF SA really that magical?
I googled his name and all the articles that feature his idea of accumulating $1m in his CPF accounts seem to emphasise Mr. Loo’s idea that transferring money to the SA to earn an extra 1.5+ % is the magic solution.
That’s nonsense.
The big reason why this guy has $1m across two CPF accounts is because he saved a lot of money in the first place.
Read? Young CPF Members Should You Transfer CPF OA TO SA For additional 1.5% Compounding Interests Over Next Few Decades?
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