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Is CPF under-appreciated?

cpf

CPF is a compulsory savings plan for working Singaporeans and permanent residents. I view it as a good thing although not everyone can appreciate forced savings as much as I do. I used to be a spendthrift in my younger days and found it challenging to put aside savings, often spending my ‘savings’ after just … Read more

Careshield Life and Enhancement with Medisave

If you are born between 1980 and 1990, you are covered under Careshield Life, from 1st Oct 2020. What is Careshield Life? Careshield Life is a compulsory long-term care scheme administrated by the Singapore government. It provides life time coverage and lifetime cash payouts, in the event that you are unable to perform three ADLs … Read more

What Happened to CNNfn.com

America’s Cable News Network (CNN) holds several records. When it was established by Ted Turner and Reese Schonfeld in 1980, it was the first all-news channel in the United States. It was also the first to deliver 24-hour news coverage in the world (Source). It would have been expected that when the broadcaster decided to … Read more

Why You Cannot Afford to Skip Investing?

There is a social justice component that the Financial Independence and Retire Early (FIRE) movement may have yet to address systemically – the question of whether an average man of the streets can save enough money to retire on time credibly. The situation was more glaring when I had the honour of speaking to Secondary … Read more

Should you buy REITs with your CPF?

You’re a fan of Singapore REITs and you want a better return than the 2.5% interest given to your CPF Ordinary Account (CPF OA). So, what’s stopping you from investing your CPF OA into REITs and get more than 2.5%? It’s a plausible idea since REITs are known to distribute high dividends – it is … Read more