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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Wednesday, 20 November 2019

CPF Basic Healthcare Sum Increases to $60K in 2020


You can see more bloggers starting to express delight with CPF BHS yearly increase! 

 Did you see anyone complaining to their MP on this increase?

 4% compound interests shiok to the bone!

LOL!


Posted by Createwealth8888 at 21:12
Labels:

6 comments:

  1. Createwealth888820 November 2019 at 21:13:00 GMT+8

    Inequality exists in CPF?

    ReplyDelete
  2. Spur21 November 2019 at 14:41:00 GMT+8

    With BHS increase for individual capped at 65, less complaints from the retirees liao.

    More retirees now willing to leave excess money in CPF as their interest earnings don't go into topping up Medisave whenever they make withdrawals.

    Remember that annual Medisave increase is usually around 5% or higher ;)

    ReplyDelete
    Replies
    1. CreateWealth888821 November 2019 at 15:08:00 GMT+8

      2021 will be my last increase in BHS. Need to go and protest. Why no increase beyond 65? LoL!

      Delete
    2. Spur21 November 2019 at 18:24:00 GMT+8

      Haha! 😆

      Delete
  3. Siew Mun22 November 2019 at 06:05:00 GMT+8

    Think u can do continue to vc into MA after 65 to the prevailing BHS?

    ReplyDelete

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