CPF Accounts Value Thread 2020

[andyhtc]

If I did not use OA for property, I probably would also have this amount at 44. So yes agree that if he already paid off property then v strong

As I'm a little bored after weeks of working from home, I check out my CPF balance and it looks quite decent.

With some basic calculations, to hit $700k+ of CPF at the age of 44, the most straight forward is to refrain from using OA to buy properties.

However, I have used about $200k from my OA with accrued interest to buy a property about 10 years ago, so I can never hit that figure.

 

[highsulphur]

As I'm a little bored after weeks of working from home, I check out my CPF balance and it looks quite decent.

With some basic calculations, to hit $700k+ of CPF at the age of 44, the most straight forward is to refrain from using OA to buy properties.

However, I have used about $200k from my OA with accrued interest to buy a property about 10 years ago, so I can never hit that figure.

You must be very bored wfh

 

[andyhtc]

You must be very bored wfh

This is the first time I have seen such a deep recession in Singapore that is going to be over a prolonged period, so it is comforting to look at my coffin money and hospitalisation insurance plans in this period.

 

[aircraft]

Used up my stocks quota in CPF-OA to purchase CapitaMall Trust at $1.75 to keep. I presume it can earn more than 2.5% annually.

 

[highsulphur]

Used up my stocks quota in CPF-OA to purchase CapitaMall Trust at $1.75 to keep. I presume it can earn more than 2.5% annually.

No cash left to invest?

 

[highsulphur]

This is the first time I have seen such a deep recession in Singapore that is going to be over a prolonged period, so it is comforting to look at my coffin money and hospitalisation insurance plans in this period.

Isn't looking at Cpf balance every Sinkie's favourite pastime?

 

[andyhtc]

Isn't looking at Cpf balance every Sinkie's favourite pastime?

A particular Minister's too

https://www.youtube.com/watch?v=9dHTMWDxqms

 

[aircraft]

No cash left to invest?

Investing concurrently, but I'm not cash rich. Since OA sitting there idle, so might as well.

 

[scudettoz7]

Sorry a noob qns, once I bought shares using my CPFIS, how is the deduction process like?
Do I need to do anything on my end or the agent bank will liaise with the brokerage firm I bought my shares with?

 

[addict951]

Sorry a noob qns, once I bought shares using my CPFIS, how is the deduction process like?
Do I need to do anything on my end or the agent bank will liaise with the brokerage firm I bought my shares with?

Nothing you need to do.
You bot what ar?

 

[scudettoz7]

Singtel lor

 

[Dividends Warrior]

Isn't looking at Cpf balance every Sinkie's favourite pastime?

Only when they want to hoot a property

 

[highsulphur]

Only when they want to hoot a property

I check every month to see if it has been credited. Feeling rich!

 

[limster]

its the end of the month, must remember to login to CPF to do my $1k monthly DCA to repay my housing. I treat CPF as long-term bond investment

 

[highsulphur]

its the end of the month, must remember to login to CPF to do my $1k monthly DCA to repay my housing. I treat CPF as long-term bond investment

Isn't that automatic? Log in or not still deduct

 

[zoneguard]

Isn't that automatic? Log in or not still deduct

He already unlocked the achievement: above 55 and previously took a property loan with CPF.

 

[hwmook]

Isn't that automatic? Log in or not still deduct

He repaying CPF for money taken out for mortgage, is it automated?

 

[SBC]

I check every month to see if it has been credited. Feeling rich!

Another Mr Lim.

 

[SBC]

My SA is about 78% of current ERS. Hope to cross 80% by year end.

 

[highsulphur]

My SA is about 78% of current ERS. Hope to cross 80% by year end.

Well done....