The Next Big Crash - Are You Prepared?

[Temperament]

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.

Hi,
Assuming investments are profitable - any profits from CPFIS is still locked up (trasnfer back to CPF). However, any realised gain from property investments can be taken off after amount plus accrued interest is returned to CPF accounts. Therefore property investment (and divestment) has some advantage if the intention is to get some cash out for purposes other than stocks or property.

Ya loh. Basically bobian since the rules r like that. Tried using cpf for stock investment for a number of years but in the end still felt its better to use it for property. Cashing out for the 2nd time.

Ya lol! Bobian! Singaporeans are just like that (Try it in CHINA & HK.)?

Do you know when CPFIS just started after Sinkaporeans made a lot of noises, profit from CPFIS in stocks can be taken out? The "best" thing losses in stock investment did not need to make up, ever. Imagine those good old days. i think there were abuses of this rule; and of course Papies were/are worried about your CPF's fund getting lesser and lesser since losses did not need to make up.
Siok were those days for people who made money and could take those profit out to at least live a little "better" life. No need to wait till 55. Which may never comes. Touch wood.

[smallcaps]

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.

Hi,
Assuming investments are profitable - any profits from CPFIS is still locked up (trasnfer back to CPF). However, any realised gain from property investments can be taken off after amount plus accrued interest is returned to CPF accounts. Therefore property investment (and divestment) has some advantage if the intention is to get some cash out for purposes other than stocks or property.

Ya loh. Basically bobian since the rules r like that. Tried using cpf for stock investment for a number of years but in the end still felt its better to use it for property. Cashing out for the 2nd time.

Ya lol! Bobian! Singaporeans are just like that (Try it in CHINA & HK.)?

Do you know when CPFIS just started after Sinkaporeans made a lot of noises, profit from CPFIS in stocks can be taken out? The "best" thing losses in stock investment did not need to make up, ever. Imagine those good old days. i think there were abuses of this rule; and of course Papies were/are worried about your CPF's fund getting lesser and lesser since losses did not need to make up.
Siok were those days for people who made money and could take those profit out to at least live a little "better" life. No need to wait till 55. Which may never comes. Touch wood.

Yep better cash it out while we can from property gains... or else later the rules change again to cannot take out.

[shoeboxlife]

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

Correct me if wrong. Only a percentage of OA can be used for stocks and not all of it right. I already empty my OA in ppty.

---

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.

Hi,
Assuming investments are profitable - any profits from CPFIS is still locked up (trasnfer back to CPF). However, any realised gain from property investments can be taken off after amount plus accrued interest is returned to CPF accounts. Therefore property investment (and divestment) has some advantage if the intention is to get some cash out for purposes other than stocks or property.

Don't even need to divest. Just use CPF to pay for the monthly installment, rent out, and collect monthly CASH in return. An almost "CPF-to-Cash" conversion.

Ya. I tot this is quite no brainer and many people doing this. Only risk is nobody wanna rent it.

---

Just got this. Good sign of impending doom. LOL

<ADV> Fr DBS: Apply for Cashline & get upto 3 months interest free.T&Cs apply. Visit www.dbs.com.sg/personal/cashline for details!To unsub,sms <UNSUB> to 76060

[Temperament]

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

Correct me if wrong. Only a percentage of OA can be used for stocks and not all of it right. I already empty my OA in ppty.

---

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.

Hi,
Assuming investments are profitable - any profits from CPFIS is still locked up (trasnfer back to CPF). However, any realised gain from property investments can be taken off after amount plus accrued interest is returned to CPF accounts. Therefore property investment (and divestment) has some advantage if the intention is to get some cash out for purposes other than stocks or property.

Don't even need to divest. Just use CPF to pay for the monthly installment, rent out, and collect monthly CASH in return. An almost "CPF-to-Cash" conversion.

Ya. I tot this is quite no brainer and many people doing this. Only risk is nobody wanna rent it.

---

Just got this. Good sign of impending doom. LOL

<ADV> Fr DBS: Apply for Cashline & get upto 3 months interest free.T&Cs apply. Visit www.dbs.com.sg/personal/cashline for details!To unsub,sms <UNSUB> to 76060

Correct me if wrong. Only a percentage of OA can be used for stocks and not all of it right. I already empty my OA in ppty.

Unquote:
Yap! CPF BOARD (PAPIES) "chow kwan one". Even at age 60+ you can only use a certain amount of OA for stocks, gold, etc... Actually you can withdraw the total OA (for 60+) but then where to park your money especially now to earn 2.5% risk free rate. You see there is really no "free lunch".

[NTL]

Ya. I tot this is quite no brainer and many people doing this. Only risk is nobody wanna rent it.

Not really. Alot of people is sucking themselves dry by buying the 1st property almost/beyond their (CPF) means.

Rental market will be a big problem when it comes to 2016, unless there is a huge influx of foreigners in the coming years.

---

Ya. I tot this is quite no brainer and many people doing this. Only risk is nobody wanna rent it.

Not really. Alot of people is sucking themselves dry by buying the 1st property almost/beyond their (CPF) means.

Rental market will be a big problem when it comes to 2016, unless there is a huge influx of foreigners in the coming years.

[candy188]

Lim & Tan Securities, 4 Sep 2013

While Singapore’s STI index’s 13% decline has almost matched its average decline of about 14% in the past 3 years, we note that investor sentiments in the local market have turned speculative in recent times with SGX having queried Rowsley and Informatics as their share prices were chased up on higher than normal volumes.

- Speculators have also been lapping up on obscure names such as Albedo, China Environment, Tritech and CNA.

[Image: jbaEt5Cdr0O2k7.png]

- This is despite key insider selling shares in these companies.

- This is what famous investor Jeremy Grantham has
termed “dash for thrash”.

- We are thus turning cautious on the Singapore market, notwithstanding that the index having already declined 13% from its Aug’13 peak.

[Image: jV3A6oXleO4Oy.png]

Investors' dash for trash
Financial Times, May 16, 2013

Wall Street traders are calling them 'the bonds formerly known as high-yield'. FT markets reporter Stephen Foley goes behind the rally in junk bonds and asks why fixed-income investors are taking on more risk for less reward.

http://video.ft.com/2384987225001/Invest...sh/Markets

[shoeboxlife]

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

Correct me if wrong. Only a percentage of OA can be used for stocks and not all of it right. I already empty my OA in ppty.

---

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.

Hi,
Assuming investments are profitable - any profits from CPFIS is still locked up (trasnfer back to CPF). However, any realised gain from property investments can be taken off after amount plus accrued interest is returned to CPF accounts. Therefore property investment (and divestment) has some advantage if the intention is to get some cash out for purposes other than stocks or property.

Don't even need to divest. Just use CPF to pay for the monthly installment, rent out, and collect monthly CASH in return. An almost "CPF-to-Cash" conversion.

Ya. I tot this is quite no brainer and many people doing this. Only risk is nobody wanna rent it.

---

Just got this. Good sign of impending doom. LOL

<ADV> Fr DBS: Apply for Cashline & get upto 3 months interest free.T&Cs apply. Visit www.dbs.com.sg/personal/cashline for details!To unsub,sms <UNSUB> to 76060

Correct me if wrong. Only a percentage of OA can be used for stocks and not all of it right. I already empty my OA in ppty.

Unquote:
Yap! CPF BOARD (PAPIES) "chow kwan one". Even at age 60+ you can only use a certain amount of OA for stocks, gold, etc... Actually you can withdraw the total OA (for 60+) but then where to park your money especially now to earn 2.5% risk free rate. You see there is really no "free lunch".

Got la. Kim Yam Rd. lol

[freedom]

actually, I never understand the urge of taking out CPF money. The money is safe and it is yours eventually. What's the point of taking it out if you are not going to use it?

[Temperament]

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

Correct me if wrong. Only a percentage of OA can be used for stocks and not all of it right. I already empty my OA in ppty.

---

Hi,
Assuming investments are profitable - any profits from CPFIS is still locked up (trasnfer back to CPF). However, any realised gain from property investments can be taken off after amount plus accrued interest is returned to CPF accounts. Therefore property investment (and divestment) has some advantage if the intention is to get some cash out for purposes other than stocks or property.

Don't even need to divest. Just use CPF to pay for the monthly installment, rent out, and collect monthly CASH in return. An almost "CPF-to-Cash" conversion.

Ya. I tot this is quite no brainer and many people doing this. Only risk is nobody wanna rent it.

---

Just got this. Good sign of impending doom. LOL

<ADV> Fr DBS: Apply for Cashline & get upto 3 months interest free.T&Cs apply. Visit www.dbs.com.sg/personal/cashline for details!To unsub,sms <UNSUB> to 76060

Correct me if wrong. Only a percentage of OA can be used for stocks and not all of it right. I already empty my OA in ppty.

Unquote:
Yap! CPF BOARD (PAPIES) "chow kwan one". Even at age 60+ you can only use a certain amount of OA for stocks, gold, etc... Actually you can withdraw the total OA (for 60+) but then where to park your money especially now to earn 2.5% risk free rate. You see there is really no "free lunch".

Got la. Kim Yam Rd. lol

Ha! Ha!
Just the word "KIM" means risk free meh?

[felixleong]

actually, I never understand the urge of taking out CPF money. The money is safe and it is yours eventually. What's the point of taking it out if you are not going to use it?

The returns on your cpf is very low, if given a choice it might be wiser to invest it into equities which historically gives a compounded return of about 10% for a long term holding period of 20 years. If I could choose i would rather have all my cpf $ in the sti etf than getting 2.5-4%