What's your personal annual income and personal net worth?
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Originally Posted by lazyplane
Ok. I think i know where you are coming from. From what i gather, you basically have sufficient excess cash to bank for new investments in shares, 2nd or 3rd ? property and your CPF. Hence your need to bank into CPF for further risk free returns. That makes sense.
But i am much younger than you at 40+ and i dont have so much excess cash that i can plonk on new 2nd property which i think will set me back around by estimated S$2m , do new share investments (another S$1m ) and still have more CPF to play around. Hence a more "risker" approach for use of my CPF money and cash.
I think you are doing well in this interest arbitrage game and will consider your strategy when i am also above 55 .
By the way, max tax relief for CPF cash top up is $7 k not S$6k.
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