I've been reading a number of blog posts by AK71 on whether we should be accelerating the topping up process or transferring the money from the Ordinary Account (OA) to a Special Account (SA) which obviously yield direct advantage as the money is compounded in higher return. He also talked about this in the previous "meet the readers" session which prompted me to think about this issue.
If you have been reading my blog from the start, you've noticed that I seldom discussed anything regarding the social security (CPF) scheme we have in Singapore for financial planning purpose. For years I have not kept a passive interest in the subject matter and only recently I started to take more notice of it.
Anyway, I have been recently pondering on whether I should top up my special account with some of of my liquid cash right now which could give ...
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