Personal Finance
Another Example of CPF Nomination
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  April 28, 2017
Read? My CPF Nomination Experience Uncle8888 nominated 100% to Auntie8888 Auntie8888 nominated to her three children : 34%, 34% and 32% There is valid reason for doing this form of nomination instead of spouse nominating each other! Guess why? 34%, 34% and 32% (as 33.33% still cannot add up to 100.00% so CPF System disallow) When it is about money; we still need to count to the 2 decimal points. When we paid for services or goods; we count down to decimal points of the dollar. Right? We don't say never mind and walk away without taking that 5 cts or 10 cts change. Right? ......
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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!
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