One of our readers asked us this question on our blog: Understand that the accrued interest have to paid back when we the property that is used to finance is sold. So if the property is not sold, the amount of OA used will still be incurring accrued interest, in this case, can we settle the amount to our CPF OA account using cash to stop it from accruing interest?
We went to do some research...
Tuesday, 27 October 2015
Wednesday, 21 October 2015
Jack Bogle 4 Investment Rules
https://www.cnbc.com/2015/10/14/jack-bogle-follow-these-4-investing-rules-ignore-the-rest.html
Jack Bogle, founder of the whole's largest mutual fund, Vanguard Group, is a long-term advocate of simple long-term Index investing.
He has a basic portfolio consisting of ONLY US Stocks and US Bonds.
As you grow older, more percentage should shift toward Bonds instead of Stocks.
At 86 years old, his current...
Saturday, 10 October 2015
What to Own During Rate Hikes
CNBC recently have an article regarding what stocks should investors own if the Fed decides to raise interest rates.
We figured it would be good to reproduce the piece here for our readers' reference.
Below is the link to the original article
http://www.cnbc.com/2015/09/15/when-the-fed-raises-rates-heres-what-happens.html
MORE LINKS
GE Effect on STI
Raising of Re-Employment Age to 67
Singapore Finance...
Wednesday, 7 October 2015
Fine Print of CPF Money Withdrawal
Everyone knows that when you reach the age of 55, you need to set aside a sum of money in your CPF.
You can start drawing
That sum is known as Full Retirement Sum (FRS, previously known as Minimum Sum)
MORE LINKS
What is Full Retirement Sum(FRS)?
What is Basic Retirement Sum (BRS)?
Singapore Finance Minister on Personal Finance
Singapore Growing ETF Choices
Raising of Re-Employment Age to 67
How...
Sunday, 4 October 2015
To a whole new world!
As the blog marches on towards more and more viewers, we are also looking for ways to engage you better, more effectively and via a convenient channel. Few months before, we launched a mailing list for you to receive updates as well as feedbacks on our blog easily. It is a simple mailer that anyone...