tag:blogger.com,1999:blog-1602023866179666640.post701618101073237904..comments2024-03-22T00:30:54.666+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: Your CPF Investment Account : Uncle8888's foolish advice!!!Createwealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-1602023866179666640.post-37300665724344507212014-04-11T09:44:26.989+08:002014-04-11T09:44:26.989+08:00HA! HA!
Some say MEI MEI at BATAM too!HA! HA!<br />Some say MEI MEI at BATAM too!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-16947386099876031992014-04-11T09:09:11.521+08:002014-04-11T09:09:11.521+08:00Will be safe till tio conned and nominated it to M...Will be safe till tio conned and nominated it to Mei Mei. Hee Hee!<br />CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-88725629541518154542014-04-11T08:15:58.922+08:002014-04-11T08:15:58.922+08:00Yes,
What about if you have left all your CPF'...Yes, <br />What about if you have left all your CPF's money untouched after 55 ?<br />Will it be protected from creditors/OA till certain age or under certain conditions?<br />Or as long as you leave the money in CPF Board, it is protected under all circumstances--no matter what is your age?<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-69440426609107805092014-04-11T07:22:04.866+08:002014-04-11T07:22:04.866+08:00Once withdrawn, your CPFIS investments and cash ba...Once withdrawn, your CPFIS investments and cash balance in your Investment Account will no longer be protected from any claims by your creditors and/or the Official Assignee.<br /><br /><br />CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-75756129600234022792014-04-10T23:02:37.674+08:002014-04-10T23:02:37.674+08:00My point is your money in CPF is like money in a i...My point is your money in CPF is like money in a irrevocable trust. Only i am not so sure after 55, or 65, or at what time or age your money in CPF is no more considered untouchable by creditors. Anyone like to clarify?<br />Thanks!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-39048810570182792252014-04-10T21:38:55.948+08:002014-04-10T21:38:55.948+08:00And your point is?
Regards,
SG Wealth Builder
www...And your point is?<br /><br />Regards,<br />SG Wealth Builder<br />www.sgwealthbuilder.comAnonymoushttps://www.blogger.com/profile/08620224118938839739noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-29766906212322600232014-04-10T18:50:15.089+08:002014-04-10T18:50:15.089+08:00Good retail investors. No bankrupt one!
Good retail investors. No bankrupt one!<br />CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-9959362612805621502014-04-10T18:21:09.074+08:002014-04-10T18:21:09.074+08:00Once you used your CPF FUND to invest in CPFIS, th...Once you used your CPF FUND to invest in CPFIS, the custodian is the bank where you have opened a CPFIS account. <br />So legally your money is not under the jurisdiction of CPF anymore. <br />i think, it's under the "common laws" of Singapore. <br />In other words, your money in CPFIS is claimable by your creditors if you declare bankruptcy.<br /><br />The CPF BOARD (aka GOV) has released your money into a private Institution, the BANK.<br />So the safety of your money is no more in our G's hand.<br />Please correct me if i am wrong.<br /><br />If you are over 65, but your money is left untouched with CPF BOARD, can creditors lay a claim to your money. (aka touch wood if you want to declare bankruptcy due to one reason or another)?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-71942348811237528142014-04-10T09:40:54.364+08:002014-04-10T09:40:54.364+08:00"In theory there is no difference between the..."In theory there is no difference between theory and practice. In practice there is." - Yogi Berra<br /><br /><br />"Been there, through then, here I am! Knowing there is difference in theory and practice!" - Createwealth8888<br /><br />CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.com