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CPF - FRS target

 As many are aware the cohort of current singapore generation will be require to have FRS amount or BRS (with property plegged).  Given the vast amount of folks already covered the topic of FRS, I shall not focus on this particular topic. Instead the focus shall be whether should one topup and transfer OA to SA at the quickest possible time.  On first glance it is logical that most will be advocating the pros of OA-SA transfer asap in order to reap the benefit of 4% p.a. interest of SA which on a compounded basis is surely one of the safest vehicle in the market (privilege of being a Singapore citizen or PR :) ).  I am a strong advocate of SA top up for individual to reap the benefit of income tax however question always ponder upon whether should OA-SA transfer be executed.  Example below will explain my thought or why I doubt it is the best method for all.  The marginal interest rate differential between OA and SA is only 1.5% as such the additional benefit that one can achieve by tr
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Levelplayall

First post of the blog...  Intention of this is to allow and reach out to most peers and folks on financial aspects as an individual.  Ways to build and grow our financial knowledge with the aim of level playing folks from non-financial industry.  Essentially in life, everyone of us will go through various stages in life and along the way many pivotal points and decision will be required. At the end of the day, on surface value no one is certain if that’s the right call and only time will tell.  Likewise in equity market, making a call which might not reap immediate result will be disheartening and disbelief will arise. Ultimately decisions are made upon rationale and it is essential for one to always question prior a confirmation is made.  Finally a quick introduction of my background.  Currently in early 30s , married with kid worked in hard commodity trading industry
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