Question on CPF

[cybercom8]

Already have house

you are very good, contented with your house and not like some folks don't know why need to buy 3-5 houses and jack up the prices

 

[Perisher]

you are very good, contented with your house and not like some folks don't know why need to buy 3-5 houses and jack up the prices

To them it's a form of income whether it's renting it out or just flipping...

 

[dork32]

first 20k in OA also got the extra 1 % mah

2.5% + 1% for 3.5% still ok for me

but anything over the first 20k, no bonus... so i prefer put them to SA for 5%.........

another choice is those after 20k, put into STI ETF.... but then i already very heavy in equities... prefer my CPF side to all remain as risk free fixed income


but will slowly think about it... really maybe balance 20k OA put into SA, cause once do liao cannot reverse


risk free 3.5% and 5% long term bonds, where better place than CPF hehehehe

your oa = 0, your sa = 60k, your full 60k will earn 5%.
the extra 1% on your oa does not go into your oa, it goes into your sa.

 

[cybercom8]

To them it's a form of income whether it's renting it out or just flipping...

i know, its people like them that drives up property prices so they should pay their income tax on their gains.

 

[icicic]

Hip

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