CPF Account Value Thread 2023

[dork32]

Roger then. I sub optimal should not be interacting with Mr Optimal.

suboptimal insists on staying sub optimal, then i got nothing to say

 

[andyhtc]

geez... Singapore is so so small even tourists don't stay more than 2, 3 days and get bored already.

most parts of Singapore is fake man-made attractions instead of "nature". even botanic gardens... sorry but I'm not really proud of that being a UNESCO site. it's heaven and earth as compared to say, machu picchu.

anyway, off topic. sorry.

Singapore is quite boring, crowded and expensive.

 

[sohguanh]

Singapore is quite boring, crowded and expensive.

It is boring only if you see it. E.g nature park in Spore really got many nook and corner to visit. Bus take from one end to another end. Mrt station surrounding to explore etc. It is only boring depend on how you view it

 

[xoxozone]

keep working also keeps my brains alive. and most importantly, i get paid for it.

just play games everyday keep u alive to the moon...

 

[sohguanh]

just play games everyday keep u alive to the moon...

I prefer to count monies than play game though. Count how to make monies earn more interest like which bank account T-bill SSB etc and then do the maths which yield better this month and then repeat for next month etc

 

[havetheveryfun]

like i said, we are not here to haolian how good or how rich we are.

We are here to share tips on how to make our money stretch longer work harder. i am certainly not interested in a blog written by someone that haolian he get 700k in his oa.

sharing tips is for other money mind threads.

this is obviously a haolian thread as per the title.

 

[Mephist0pheLes]

the rates in oct is 3.7%. yes rates has been rising since. it seems that the people that put in in oct is damn stupid. sorry these people doing much better that your mr fantastic. taking a breakeven of 2.9% for oa. mr fantastic needs an interest of 4.6% the next round to outdo the people that went in in oct because he has been earning lousy rates for so many months. so it is mr fantastic really cannot do maths or totally ignorant that tbillls exist. his blog is worth nothing. come hwz tbills forum, read reddevil first 2 post better than read his trash

i really pity low down people that need to fire to find satisfaction. at my place, almost everyone can fire already. but no one is doing it. lower level beings can never understand this

For someone who derive so much satisfaction from work, u r spending alot time in hwz on a weekday. Y is that? U sld be working.

 

[reddevil0728]

For someone who derive so much satisfaction from work, u r spending alot time in hwz on a weekday. Y is that? U sld be working.

Because it’s a career not a job that one just gotta work work work? Which a lot of people may perceived to be hence the unhappiness?

 

[henrylbh]

Career or job basically involves monetary incentive unless doing charity or for passion. Passion is retirement

 

[dork32]

For someone who derive so much satisfaction from work, u r spending alot time in hwz on a weekday. Y is that? U sld be working.

this is wat we call work live balance. yes i am working. but i do have lots of time on my own to do other things as well. this is why i say i luv my job. you go fire yourself. i am staying put

 

[dork32]

Career or job basically involves monetary incentive unless doing charity or for passion. Passion is retirement

look at general lee. he is paid tons of money for his work. but does it mean that he has no passion in his work?

 

[starlight318]

the rates in oct is 3.7%. yes rates has been rising since. it seems that the people that put in in oct is damn stupid. sorry these people doing much better that your mr fantastic. taking a breakeven of 2.9% for oa. mr fantastic needs an interest of 4.6% the next round to outdo the people that went in in oct because he has been earning lousy rates for so many months. so it is mr fantastic really cannot do maths or totally ignorant that tbillls exist. his blog is worth nothing. come hwz tbills forum, read reddevil first 2 post better than read his trash

i really pity low down people that need to fire to find satisfaction. at my place, almost everyone can fire already. but no one is doing it. lower level beings can never understand this

Woah.. No need to insult people lower beings for finding satisfaction in different things. U find satisfaction from work other people might find satisfaction playing games whole day, sleep in do nothing. To each his own.

 

[abcde83]

look at general lee. he is paid tons of money for his work. but does it mean that he has no passion in his work?

I do think he has no passion! Lol

 

[henrylbh]

look at general lee. he is paid tons of money for his work. but does it mean that he has no passion in his work?

Power more than passion. What can you get out of passion except self satisfaction? The father for passion and power and honor and sadly end up with retribution.

 

[henrylbh]

Woah.. No need to insult people lower beings for finding satisfaction in different things. U find satisfaction from work other people might find satisfaction playing games whole day, sleep in do nothing. To each his own.

It is his style so to each his own

 

[dork32]

Woah.. No need to insult people lower beings for finding satisfaction in different things. U find satisfaction from work other people might find satisfaction playing games whole day, sleep in do nothing. To each his own.

to them, i am a lower being that have to work to survive.

 

[AlanKohCD]

My father's CPF interest also dropped after 1st year on CPF Life.

seems like CPF Life monthly payout deducts from the RA.. wonder what would they deduct when the RA hits $0.

CPF life monthly payout is deduct from your own RA account money. This amount can last for 20 years.
Just wonder at 65 years old and started CPF life monthly payment. Do RA account still have yearly interest?
Example: if you have $200K in RA .Interest about $10K a years?

 

[AlanKohCD]

but thought still got money given to nominee if pass away early ?

Yes , the Balance that have not payout when give to nominee.

 

[henrylbh]

CPF life monthly payout is deduct from your own RA account money. This amount can last for 20 years.
Just wonder at 65 years old and started CPF life monthly payment. Do RA account still have yearly interest?
Example: if you have $200K in RA .Interest about $10K a years?

Likely his father's CPF interest dropped after 1st year of CPFL payout as all his RA under Standard and Escalating plan or part of it under Basic plan is deducted and goes into life insurance fund where it still earns interest but do not belong to him.

 

[henrylbh]

My father's CPF interest also dropped after 1st year on CPF Life.

seems like CPF Life monthly payout deducts from the RA.. wonder what would they deduct when the RA hits $0.

If life payout is deducted from his RA means he has opted for Basic Plan. In normal case the deductions would last to just before 90 when RA is $0 and therefrom he continue to receive life payout from the pool, albeit a slightly lower payout. If he uplorry before 90, whatever left in RA goes to his nominee.