Personal Finance
The best interest rate in Singapore for senior citizens!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  October 2, 2011
Read? The best Bond fund in Singapore for senior citizens! Reaching 55. Congratulations! You are now senior citizen in Singapore. You have special privilege. The National Bank of Singapore upon you reaching 55 will automatically setup a special saving account for you and let you enjoy the best interest rate at 2.5% in Singapore. You are entitled to one withdrawal per year for any amount at any time between your two birthday. I am pretty sure that your younger colleagues, friends and relative will be jealous of your super interest rate in the current market condition. CPF Investment Account Do you have some long-term stocks in your CPF investment account receiving good dividends?
If yes, don't close your CPF investment account to transfer them to CDP as cash stocks.
You can do something wonderful with those stocks in your CPF investment account.
Emergency Fund
Do you maintain several bank Fixed Deposits at low interest ...
...
Read the full article
By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance