Singapore-based financial blog that aims to educate people on personal finance, investments, retirement and their Central Provident Fund (CPF) matters.

Friday, 31 January 2020

Can I Use CPF to Buy a House After 55 Years Old?

Today's post will be on: Buying a House using your CPF after age 55. This is part of the chain of housing-related posts. We have the misconception that upon reaching age 55 if we sold our house, the money we get from it will be transferred to our Retirement Account (RA) until the Retirement...

Thursday, 30 January 2020

The HDB Pricing Dilemma

As for if it is a problem of cooling measure of economic failure, I would say it's probably neither, but it's the social phenomenon in modern societies - we technically see it in most asset classes like stocks and bonds too. HDB Problem: The older generation (those with HDBs) or any sellers would...

Wednesday, 29 January 2020

What Happens to the CPF Accrued Interest when the Owner Dies?

Today we will be answering this question: What happens to the CPF accrued interest when the Owner of the HDB passed away? This question was submitted by one of our readers. We would like to thank all our readers who post questions or tips to us. We would love to see more of that coming in, so do feel...

Tuesday, 28 January 2020

$20,000 Silver Housing Bonus: Should You Apply For It?

Source: HDB Today we will be answering this question: is it advisable to put $60,000 into my Retirement Account (RA) to get the $20,000 Silver Housing Bonus? This question was submitted by one of our readers. We would like to thank all our readers who post questions or tips to us. We would love...

Monday, 27 January 2020

Is Technology After Your Job?

In 10 years, the pilot and the cameraman lost their jobs, but new jobs like drone pilot sprang up. There will always be jobs in the economy, but are we able to take up that job if we do not upkeep our skillsets. In the past, the pilot and the cameraman have to take on great risk in order to do 360...

Friday, 24 January 2020

6 things to do with your CNY money

1. Save Emergency fund, HDB down payment, wedding down payment, car down payment, investment war chest. These are all good reasons to save your Ang Pow money for. Your Ang Pow is like a windfall, and like all windfall, you should try and save preferably 50% of it at least. If you are below 26 years...

Monday, 20 January 2020

Why I Stopped Value Investing

There are many definitions as to what value investing is, it is the kind of question that you will get different answers depending on who you ask. Generally, there are 2 kinds of value investing. Asset-based: invest in companies selling below their net asset price Income-based: invest in companies...

Tuesday, 14 January 2020

CPF Accumulated Accrued Interest

Today's topic will be on the interest you pay to CPF on your housing loan. This is a follow-up article to our previous article. When you pay your monthly mortgage via CPF Ordinary Account (OA), you are doing several things: Here's what happens when you pay your mortgage via your CPF Ordinary...

Monday, 13 January 2020

Your HDB is like a Call Stock Option

What is a Stock Option: Before we begin, you need to understand what is a stock option first. So here's a link to help you understand what is a stock option. Continue reading after you understand what's a stock option 😉. TDLR (Too Long Didn't Read) of a Stock Option A stock option is a 'contract'...

Thursday, 9 January 2020