Firday Posted March 23, 2019 Report Share Posted March 23, 2019 try google and went down to CPF for enquries : Can put in fresh fund and withdraw but unable to touch the interest only, so i wonder anyone ever try on it? kindly pm me to guide me bcz CPF staff speak in template format coversation so my question been directly into air...disperse. Quote Link to comment Share on other sites More sharing options...
Guest Guest Posted March 23, 2019 Report Share Posted March 23, 2019 1 hour ago, Firday said: try google and went down to CPF for enquries : Can put in fresh fund and withdraw but unable to touch the interest only, so i wonder anyone ever try on it? kindly pm me to guide me bcz CPF staff speak in template format coversation so my question been directly into air...disperse. When I spoke to cpf staff, they were detailed and clear. So duno why are you so dismissive, you are arrogrant and pretentious. Quote Link to comment Share on other sites More sharing options...
Guest Guest Posted March 23, 2019 Report Share Posted March 23, 2019 3 hours ago, Guest Guest said: When I spoke to cpf staff, they were detailed and clear. So duno why are you so dismissive, you are arrogrant and pretentious. Yeah right... Detailed and clear only in their dimple template formst. Talking to a computer might be less frustrating then talking to them. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 24, 2019 Report Share Posted March 24, 2019 7 hours ago, Guest Guest said: When I spoke to cpf staff, they were detailed and clear. So duno why are you so dismissive, you are arrogrant and pretentious. You should give Firday the benefit of the doubt, he is asking for clarification about something abt CPF that all of us may need to use the facility in the future , who knows? Why judge Firday when he is not the public servant who is supposed to serve the public. Quote Link to comment Share on other sites More sharing options...
Guest Contradictory Posted March 24, 2019 Report Share Posted March 24, 2019 11 hours ago, Firday said: Can put in fresh fund and withdraw but unable to touch the interest only, so i wonder anyone ever try on it? Which is which. Put in or withdraw. So confusing. Quote Link to comment Share on other sites More sharing options...
fab Posted March 24, 2019 Report Share Posted March 24, 2019 12 hours ago, Firday said: try google and went down to CPF for enquries : Can put in fresh fund and withdraw but unable to touch the interest only, so i wonder anyone ever try on it? kindly pm me to guide me bcz CPF staff speak in template format coversation so my question been directly into air...disperse. Honestly I am very confused by your question too. Perhaps you should phrase properly. Are you enquiring CPF or HDB? If you r uncomfortable in English, I am sure they can converse in Mandarin. Quote 鍾意就好，理佢男定女 never argue with the guests. let them bark all they want. 结缘不结怨 解怨不解缘 After I have said what I wanna say, I don't care what you say. 看穿不说穿 Link to comment Share on other sites More sharing options...
Guest guest Posted March 24, 2019 Report Share Posted March 24, 2019 1 hour ago, Guest Contradictory said: Which is which. Put in or withdraw. So confusing. 深 进 浅 出， Quote Link to comment Share on other sites More sharing options...
Firday Posted March 24, 2019 Author Report Share Posted March 24, 2019 4 hours ago, Guest guest said: You should give Firday the benefit of the doubt, he is asking for clarification about something abt CPF that all of us may need to use the facility in the future , who knows? Why judge Firday when he is not the public servant who is supposed to serve the public. hey thank you very much. well, maybe his intention is not as bad as his word - just let it be. Quote Link to comment Share on other sites More sharing options...
Firday Posted March 24, 2019 Author Report Share Posted March 24, 2019 2 hours ago, fab said: Honestly I am very confused by your question too. Perhaps you should phrase properly. Are you enquiring CPF or HDB? If you r uncomfortable in English, I am sure they can converse in Mandarin. very paisei, when i decide to post this,i already anticipation a lot of confusion that why i ask for pm. maybe majority doesn't realise about this scheme which i dun intend to publish here - try google to find out yourself. as i m asking those who know about it to pm me . Quote Link to comment Share on other sites More sharing options...
Firday Posted March 24, 2019 Author Report Share Posted March 24, 2019 okay some other already pm me who knowledgeable about my this topic. Just move on with great day and weekend. Quote Link to comment Share on other sites More sharing options...
Guest Hot Swimmer Posted March 24, 2019 Report Share Posted March 24, 2019 Dear Firday I think you are refering to private bank loan for purchasing HDB. Different banks will require a different pledge amount of money to deposit into a FD within that bank for some years depending on that bank financial assessment on you. Typically 30%-50% of loan amount. Quote Link to comment Share on other sites More sharing options...
Firday Posted March 24, 2019 Author Report Share Posted March 24, 2019 4 minutes ago, Guest Hot Swimmer said: Dear Firday I think you are refering to private bank loan for purchasing HDB. Different banks will require a different pledge amount of money to deposit into a FD within that bank for some years depending on that bank financial assessment on you. Typically 30%-50% of loan amount. no, different type of pledge without any involvement with bank. i dun want to explain and confuse the majority in the forum that why i ask those who know my question to pm. Quote Link to comment Share on other sites More sharing options...
Guest disclosed yourself Posted March 24, 2019 Report Share Posted March 24, 2019 28 minutes ago, Firday said: no, different type of pledge without any involvement with bank. i dun want to explain and confuse the majority in the forum that why i ask those who know my question to pm. But others might be interested on how to do. But I know often the responses from Gov Boards not precise or just copy and paste from template. Often they don't even respond to the specific question! What I do I just push it back to them and pin them down. Nowadays I write in my query, "please do not send me a link to your website or just copy from your website and please respond to my question raised!" -------------------------------------------------------------- Ahakoa he iti kete, he iti nā te aroha. Quote Link to comment Share on other sites More sharing options...
Firday Posted March 25, 2019 Author Report Share Posted March 25, 2019 18 hours ago, Guest disclosed yourself said: But others might be interested on how to do. But I know often the responses from Gov Boards not precise or just copy and paste from template. Often they don't even respond to the specific question! What I do I just push it back to them and pin them down. Nowadays I write in my query, "please do not send me a link to your website or just copy from your website and please respond to my question raised!" -------------------------------------------------------------- Ahakoa he iti kete, he iti nā te aroha. well, i dun mind to do it since you request in such a nice way instead of like some other guest. https://www.areyouready.sg/YourLifeEvents/Pages/Views-Top-7-things-you-need-to-know-when-you-turn-55-CPFB.aspx Point no 5 - is the topic that i m very interested about it. Put it in a simple form - deposit but unable to withdraw interest concept. I must agree not many can "swallow" this concept therefore i dun think to elaborate much. In fact from the CPF CSO, many young entrepreneur, those savvy type already done liao. So i m not liable to any consequence nor liability since i alway pursue the path less travelled in my life. I do encounter set back but as a learning curve. So dun comment or judge me with behavior like keyboard warrior, but i will retaliate by NO RESPONSE to piss whoever OFF. okay i use simple english as much as i can liao. enjoy searching from the link, i wish you all the best to healthy financial path. Quote Link to comment Share on other sites More sharing options...
Firday Posted March 25, 2019 Author Report Share Posted March 25, 2019 moderator kindly close this topic since i already got the answer from other forumer and also contribute my share of lobang. My reason is : 1. Less publicity to avoid the CPF amendment 2. Many forumer ask question without doing their homework 3. I m not here to "teach" but sharing only 4. Avoid unnecessary argument topic which almost wasting time instead of helping each other. 5. I dun need to win argument thank you in advance Quote Link to comment Share on other sites More sharing options...
Guest Guest Posted March 25, 2019 Report Share Posted March 25, 2019 4 hours ago, Firday said: moderator kindly close this topic since i already got the answer from other forumer and also contribute my share of lobang. My reason is : 1. Less publicity to avoid the CPF amendment 2. Many forumer ask question without doing their homework 3. I m not here to "teach" but sharing only 4. Avoid unnecessary argument topic which almost wasting time instead of helping each other. 5. I dun need to win argument thank you in advance You want this closed because that Guest disclosed yourself came in with his black-death touch huh? hahahahahaha .... Quote Link to comment Share on other sites More sharing options...
Firday Posted March 27, 2019 Author Report Share Posted March 27, 2019 On 3/25/2019 at 5:42 PM, Guest Guest said: You want this closed because that Guest disclosed yourself came in with his black-death touch huh? hahahahahaha .... dun understand but i closed bcz i got my answer and following reason: Quote Link to comment Share on other sites More sharing options...
Firday Posted August 21, 2019 Author Report Share Posted August 21, 2019 what will you do if got 3 option to choose : Assume Bto is 80k, key collection 3 yr from now. 1. Use CPF oa to offset your bto 2. Deduct from RA for bto 3. Use cash to pay bto Quote Link to comment Share on other sites More sharing options...
Coolbriz Posted August 21, 2019 Report Share Posted August 21, 2019 Hi, I would use 1. OA since RA can fetch up to 5% interest as compared to 3.5% for OA. I’m assuming that the spare cash can be used to invest in other instruments such as stocks to fetch higher returns or kept for emergency use. Quote Be cool, like a breeze... Link to comment Share on other sites More sharing options...
Firday Posted August 21, 2019 Author Report Share Posted August 21, 2019 10 hours ago, Coolbriz said: Hi, I would use 1. OA since RA can fetch up to 5% interest as compared to 3.5% for OA. I’m assuming that the spare cash can be used to invest in other instruments such as stocks to fetch higher returns or kept for emergency use. well analysis ! Based on 3yr duration period that why spare cash is not included for other investment except Fixed Deposit for 3 yr. Mostly everyone choose the OA option include the CPF staff. I prefer to maxismise it for the 3 year period to gain more. Quote Link to comment Share on other sites More sharing options...
Guest Mary Posted August 22, 2019 Report Share Posted August 22, 2019 On 3/24/2019 at 12:10 AM, Firday said: try google and went down to CPF for enquries : Can put in fresh fund and withdraw but unable to touch the interest only, so i wonder anyone ever try on it? kindly pm me to guide me bcz CPF staff speak in template format coversation so my question been directly into air...disperse. What do u mean by can put in Fresh Fund and withdraw ? You make it sounded like CPF is a bank ... You can draw-down yes , if you are of certain age OR , u can withdraw certain of money to buy property that about it Quote Link to comment Share on other sites More sharing options...
Firday Posted August 22, 2019 Author Report Share Posted August 22, 2019 20 hours ago, Guest Mary said: What do u mean by can put in Fresh Fund and withdraw ? You make it sounded like CPF is a bank ... You can draw-down yes , if you are of certain age OR , u can withdraw certain of money to buy property that about it sorry my england is not so powerful that mislead you into it What i am trying to say is : i can use 3 option to offset my bto by deduction from OA,RA and cash after my sale of HDB flat. so therefore, i try to maximise my gain thru this channel but unfortunately nobody able to enlighten me, until a 26yr old tell me his views that shock me into a simple solution whereby everyone look at the surface instead of "out of the box". Immediately i buy him lunch and millo for his views. 99% say to use OA bcz CPF already success in brain wash everyone include me 1% can't be bother as long got a roof to stay and avoid all those jargon terms which CPF create to do magic on us. He say use RA to offset BTO due to less money stuck inside cpf while CPF staff go strong against it by showing my payout when 65 will be less, very firmly trying to discourage me i took the hint something is fishy in his tone, but when the overviews pop up, my mind tingling. anyway, just an old man grumping. During the journey of CPF and HDB tai chi among our government sector - i learn their incompetency at work. pm me if still dun understand what i m saying, i will be happy to share and sharpen my mind and thought while repeating. ps : my big bros in financial issue, that why i m trying to help him to downgrade and maximize his cash from cpf. Quote Link to comment Share on other sites More sharing options...
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