As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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

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?


No comments:

Post a Comment

Related Posts with Thumbnails