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Old 30-05-2012, 03:46 PM
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Originally Posted by Unregistered View Post
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.
Looks like you know something about investment. you can always use your cash in investment. cpf has restrictions on how you can use them. you will have better returns using cash than cpf. even at 0.9%, it can amount to alot of money if the loan is big. i think you have made some serious miscalculations in handling your finance, i know i wont do it your way, you are just walking on thin ice. but some people can just get lucky.

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