Personal Finance
How I Accumulate $1M In CPF OA! (3)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  January 3, 2019
Read? How I Accumulate $1M In CPF OA! (2) Uncle8888 became CPF OA Millionaire without a single cent of voluntary cash top up to his CPF OA during his full-time job as employee from Aug 1977 to Sep 2016  i.e. 39 years of mandatory CPF OA contributions. This is how he achieved $1M in CPF OA! 50% from mandatory CPF OA contributions as full-time job as employee for 39 years and cumulative CPF OA interests from 1977 to 2004 and the other 50% coming from (a) 20% from cumulative  CPF OA interests from 2005 to 2018 and (b) 30% from CPFIS Net Refund i.e. net investment gains including dividends from 2000 to 2018 ......
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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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One response to “How I Accumulate $1M In CPF OA! (3)”

  1. desmond says:

    Hi

    Wonder if it is possible to buy you a cup of coffee and chat more about CPF and investment ideas, especially blue chips like keppel and DBS.

    I am available on most weekdays morning after 10am (sending kids and housework) and before 430pm (to fetch kids and prepare dinner). Thanks

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