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Thoughts on 1M65 CPF Idea
By Azrael's Financial Cents  •  May 2, 2019

I had attended a talk from Loo Cheng Chuan recently (Thank you Alvin and Alex for the invite).

I was always curious on what he had to share and why did he think of it that way (I am late to the bandwagon I know, but I admit that CPF is not on the top of my priority considering I will hit the Full Retirement Sum with my SA alone by 49 assuming no increase in salary until then).

Here is some of my interpretations.

Scarred by experience of the 1997-1998 Asian Financial Crisis

He started as a fresh grad interested in making money Applied for a Yishun BTO (which would take 4 years to complete) and a resale flat to capitalise from the fall in housing prices and flip it before getting the BTO to get more returns However, due to AFC, many people forfeit their flats and the BTO shorten to 6...
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By Azrael's Financial Cents
Azrael is the author behind Azrael's Financial Cents, a personal diary of his journey towards Financial Freedom. Hopefully, while sharing his experience, he can help his readers and better himself too.
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