Quote:
Originally Posted by Unregistered
$1.5m in cpf, ur rather dumb.
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When I said $1.5m in
CPF, it doesn't mean that it's with the
CPF board. The special account is maxed out to get the 4% yield, but about 80% of the ordinary account is in a unit trust that yields 1% of NAV per quarter or about 4% per year and gives me equities upside in the long term. Return on my ordinary account has been roughly 6-7% for the past 10 years. I don't use
CPF for property because I can borrow USD or SGD for about 0.8-0.9% currently. Interest and dividends on my
CPF alone give me about $3,500 per month or about $40-50K per year. I consider myself a conservative but steady investor.