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02-09-2013, 08:44 PM
(02-09-2013, 03:12 PM)shoeboxlife Wrote: Home ownership is the only way to unlock cpf OA fully before retirement age isnt it?Not really. Investing in stocks when it's to your advantage to do so. And selling when it's time to sell. Of course you must consider the "pow chiat" 2.5 % interest rate you have to forgo when you invest in the market. But the "time factor" is to your advantage since you can't take out your money until at 55 years old.
i have been there. And still trying to do it even at 65+. But in case, Papies lose their majority in the next GE 2015/2016.....? What's going to happen to our CPF's money???
Or you think Papies is "WAN SHUI, WAN, WAN, SHUI"
Because of 4Ks Singaporeans are always more than "Boh K" Singaporeans?
Anyone any idea or opinion?
Thanks
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.