Hi AK,
First stop, thanks again for sharing your knowledge on financial literacy. I have made progress again, lol! The best part is the progress is very tangible and someone could actually see these effects within months.
Anyway, I have a question on the topping up of our CPF. As much as I do understand that topping up the SA account is important, given the 4% risk free interest rate coupled with 0 re-investment risk, this is just too good to ignore. However, what do you think of topping up the medisave account to its mms before putting money into SA instead?
Therefore, once the amount in medisave hits the ceiling , the amount that is supposed to be allocated into the medisave would go into our OA in which then one could subsequently transfer into the SA account. In this way, this will result in a higher contribution into ......