Saturday, January 4, 2020

The CPF Context Shows Exactly Why We Remain a Backward Society

This week alone, I've probably seen more than 50 cases of individuals taunting off their CPF publicly on various online portals and forums that appears on my message feeds, without bothering to explain the rationale of why they did so.

I'm sure the scene was meant to be inspiring but taken out of context on a larger picture, it seems a tad sad to mention because it shows once again why are a society of competing in the first place.

Being competitive was one of the main traits that has been engrained in many of the Singaporeans' mindset. That has kept most people going for more each time in a hungry world where we want to simply be better than our neighbour at all other expense.

From young, we are constantly being challenged to race ahead of others from grades to the number of tuitions to the type of holiday destinations that we go.

The benchmark for success for many people is their peers and neighbours and this out of tune illustrations will prove why it is a damaging bridge to the society.

Take this 3 cases below for instance.

Surely, your first reaction is they must have done pretty well over the years to have accumulated a sizeable amount of CPF balances. Assuming a maximum contribution of $2,220 per month based on your employment, you will minimally need to be working between 3.5 to 4 years based on your profile.

But that's about all the story it tells.

A person who posted these balances without explaining the rationale and information such as history of utilizing the CPF or whether the person has bought a house or have children will then be meaningless because the context can vary a lot.

For instance, what is the rationale of case 1 and 2 for having so much in their Special Account? Were they single at the time they made the transfer from OA to SA? Were they someone who were not planning to get married, purchase a house or have children? Or were they someone who has just cleared off all their outstanding home loans and now making a switch to accelerate their FRS retirement needs.

What if this person from Case 1 with a lower CPF balance but is younger and owns multiple assets and higher equities outside?

To have someone who writes that they are earning a free $5k, $7k, $10k or $25k interests from the government that are "risk-free" without explaining the context just irked me off because it doesn't add any sort of value to the public reading it for the first time other than the intention to show off.

Most of these stories are then taken out of context from the general public who brings about the wrong awareness of what CPF  truly has to offer.

From one of the reader that I've talked to recently, I also get a feeling that the CPF 4% interests narratives on the Special Account has also been overly emphasized and taken out of context from people who were following their peers blindly and were actually unsure of what they were really doing with their lives and having the things that they want or not.

The chase for higher returns and what every of their random online peers are doing push them into making some of these decisions that they might feel is not the best at their stages of lives.

Case: CPF 1

Case: CPF 2

Case: CPF 3

To be on the fair side, I think there's a good reasonable amount of people who actually bothers to explain the rationale of each allocation that they put inside the maths of computing their CPF balances on the path to eventual FRS needs.

And this is what we need especially when trying to reach out to a larger audience beyond someone who is already savvy in the personal finance space.

But judging by the amount of one liner post in the past 1 week shows exactly why the Singapore finance community remains a backward society despite the many recent successes of a growing community.

It forms a tribe and a new embryo of circle where people motivates one another through competing against one another and wanting to be better than peers of X age by Y amount.

In fact, there's hardly anyone who has actually benchmark against oneself over how that person has done differently over the years and what sort of circumstances led to that decision.

Instead, the focus has been competing for the highest absolute amount of CPF accounts balance with the most amount of top-ups competing against the benchmark of peers.

This is a first world problem and in another form of cannibal competing.

Thanks for reading.

If you like our articles, you may follow our Facebook Page here


  1. Increase competition among bloggers on voluntary CPF top up and OA to SA is the current goal to reach FRS. :-)

    1. Healthy competition if can be viewed and done correctly.


      ☑️ The COMPOSITE CYBER SECURITY SPECIALISTS have received numerous complaints of fraud associated with websites that offers opportunities for Capital Investments, bitcoin investments and Trading on an Internet-based trading platforms.  Most Of The complaints falls into these Two categories:
      1. 🔘Refusal to credit customers accounts or reimburse funds to customers:
      These complaints typically involve customers who have deposited money into their trading or investment account and who are then encouraged by “brokers” over the telephone to deposit additional funds into the customer account.  When customers later attempt to withdraw their original deposit or the return they have been promised, the trading platforms allegedly cancels customers’ withdrawal requests, refuse to credit their accounts, or ignore their telephone calls and emails.

      2. 🔘Manipulation of software to generate losing trades:
      These complaints allege that the Internet-based Investment and trading platforms manipulate the trading software to distort the Trading prices and payouts in order to ensure that the trade results in a Loss.  For example, when a customer’s trade is “winning,” the countdown to expiration is extended arbitrarily until the trade becomes a loss.

      ☑️ Most people have lost their hard earned money through Scam Investments And Trading, yet they would go and meet fake recovery Experts unknowingly to help them recover their money and they would end up losing more money in the process. This Is Basically why we (COMPOSITE CYBER SECURITY SPECIALISTS) have come to y’all victim’s rescue. The clue is most of these Brokers have weak Database security, and their vulnerabilities can be exploited easily with the Help of our Special HackTools, Root HackTools And Technical Hacking Strategies because they wouldn’t wanna spend money in the sponsorship of Bug bounty Programs which would have helped protect their Database from Unauthorized access to their Database, So all our specialists do is to hack into the Broker’s Database via SQL Hook injections & DNS Spoofing, Decrypt your Transaction Details, Trace the Routes of your Deposited Funds, Then some Technical Hacking Algorithms & Execution Which we cant explain here would follow then you have your money recovered. 💰 ✔️

      ☑️All our Specialists are well experienced in their various niches with Great Skills, Technical Hacking Strategies And Positive Online Reputations And Recommendations🔘
      They hail from a proven track record and have cracked even the toughest of barriers to intrude and capture all relevant data needed by our Clients.
      We have Digital Forensic Specialists, Certified Ethical Hackers, Software Engineers, Cyber Security Experts, Private investigators and more. Our Goal is to make your digital life secure, safe and hassle free by Linking you Up With these great Professionals such as JACK CABLE, ARNE SWINNEN, SEAN MELIA, DAWID CZAGAN, BEN SADEGHIPOUR And More. These Professionals are Well Reserved Professionals who are always ready to Handle your job with great energy and swift response so that your problems can be solved very quickly.
      All You Need to Do is to send us a mail and we’ll Assign any of these specialists to Handle your Job immediately.

      ☑️ Below Is A Full List Of Our Services:
      * PHONE HACKING (giving you Unnoticeable access to everything Happening on the Target’s Phone)

      ☑️ CONTACT:
      ••• Email:

      🔘2020 © composite cybersecurity specialists
      🔘Want faster service? Contact us!
      🔘All Rights Reserved ®️

  2. Great article. I had been following your posting for many months now.
    interesting article to read:

    1. Thanks William

      Great article on Alibaba.

  3. OMG !! Please don't "unfriend" me if I show my CPF outstanding amount and interest earned in 2019.... hahaha ... Cheers !!

    1. Hahaha STE, people know what's your current status profile so they will understand why you make certain decisions.

  4. Got too much cash on hand and has No other means of deploying cash for next 1 or more decades; then it is good to dump into CPF as 10, 20, 30 or 40 long-term government backed bond

    1. Definitely a good way to spread out the equity risk if one is already heavy weighted to one side.

  5. Disagree strongly. I think the sharing is good fun and inspiring. Writing a long blog post pooh-poohing other people sharing their achievements with a click-baity title (I took the bait, I know) is what signifies us as a backward society.

    1. Hi Anony

      The sharing here is inspiring only if it is backed by providing good reasons, such as why at this stage in your life you decide to transfer from OA to SA.

      The same sharing goes to people who just posted their profit returns without letting anyone know what stocks he buy and why he buy them, I don't see how that's useful to anybody.

  6. fuck singapireans

  7. The 'grandfather' of posting CPF amount has to be ASSI. He seems to have posted his CPF every year since Jan 2015 (those with better search skills might even find earlier posts).... Remember, if ASSI can do it, so can you!

    1. He wear white is it? ;)

    2. Hi Hello World

      AK did well to educate the crowd actually and he gave full disclosure of his reasons much earlier in the years where he gets so much OA and why is he making the transfer and are maximizing his contribution.

  8. There is an unwritten hierarchy of CPF members based on the amounts they have in their accounts.

    At the very top tier we have the CPF OA millionaires. These people have $1M or more in their OA and maxed out their MA to $60K. If they are 55 yo and above, these top tier members also maxed out their RA to ERS. I am here and my 2019 interests from all accounts is $45K. After 55 yo but below 60 yo.

    Just slightly below this tier is the OA millionaire like CW.

    And the 2nd tier comprised the CPF millionaires. Those who have a total of $1M or more in their combined CPF accounts.

    There are many other lower tiers below the CPF millionaires.

    One also cannot conclude that CPF OA & CPF millionaires do not own properties / condos etc. It really depends on individual earning capabilities.

  9. Compare yourself to yourself rather than to the world.

    Chances than U will be happier and successful.

    Of course just learn from the World, what U can learn from the World.


  10. Proven to rank page # 1 for your keywords, drive traffic, lead and sales, and help grow your business. Our result-oriented seo packages are designed to keep you ahead of the chase.

  11. I have read your article; it is very informative and helpful for me. I admire the valuable information you offer in your articles. Thanks for posting it.
    สล็อต โกลเด้น

  12. Get Shifting/Relocation Quotation from ###Packers and Movers Delhi. Packers and Movers Delhi 100% Affordable and Reliable ***Household Shifting Services. Compare Transportation Charges and Save Time, Verified and Trusted Packers and Movers in Delhi, Cheap and Safe Local, Domestic House Shifting @
    Packers And Movers Delhi

  13. I guess not everyone is eloquent or good writer thus showing the CPF numbers might be the best evidence... There are many who without understanding the mechanics of CPF system and because of pure biasedness toward the governing party (monopolistic party) chanted 'return my CPF''...I used to be one...

  14. Hi Brian!

    Your posts are addictive and please keep us updated with more of your content.
    You are one of the reason why I decided to start out blogging on my own investment journey to financial freedom as well and I look up to you like a mentor. I was taught from young that investment is risky like gambling by my parents.. until i started researching more and chanced upon your blog. My end goal is to educate and share with as many people as possible so that it is not "too late" for anyone to start / try investing on their own.

    If you don't mind, I hope to exchange blog links with you.

    Mine is at:

    P.S. How do I subscribe to your blog?

  15. มันเป็นความคิดที่ดีในการเล่นเกมระดับสูงและดี และมองย้อนกลับไป
    บาคาร่าออนไลน์ ดีกว่าถ้าคุณได้รับ

  16. This post is good enough to make somebody understand this amazing thing, and I’m sure everyone will appreciate this interesting things.
    Click here for COVID-19 Protective Equipments and Products

  17. Natural herbs have cured so many illness that drugs and injection can’t cure. I've seen the great importance of natural herbs and the wonderful work they have done in people's lives. i read people's testimonies online on how they were cured of HERPES, HIV, diabetics etc by Dr Edes herbal medicine, so i decided to contact the doctor because i know nature has the power to heal anything. I was diagnosed with Herpes for the past 3 years but Dr Edes cured me with his herbs and i referred my aunt and her husband to him immediately because they were both suffering from Herpes but to God be the glory, they were cured too .I know is hard to believe but am a living testimony. There is no harm trying herbs, Thanks. Write him on WhatsApp on +2348151937428. @dr_edes_remedies deals with
    (1)Alzheimer virus
    (5)Genital warts
    (7)Virginal infection
    Email him on

  18. Packers and Movers Bangalore - Reliable and Verified Household Shifting Service Providers Give Reasonable ###Packers and Movers Charges. Cheap and Best Office Relocation Compare Quotation for Assurance for Local and Domestic House Shifting and Get estimates today to save upto 20%, ***Read Customer Reviews - @ Packers And Movers Bangalore

  19. Superb, I think this is one of the best pieces of information found on this blog. Ogen Infosystem is one of the best Website Designing and SEO Services in Delhi, India.
    Website Designing Company in Delhi

  20. 14 Strategies We Attribute to Our Recent Business Excellence Award - Out of the blue, I received an email from the Abbotsford Chamber of Commerce one day notifying me that we were nominated for a 2016 Business Excellence award. Say what? Once I got past my shock and disbelief that they must have the wrong Susan. Upcoming IPO Results in Bangladesh

  21. Small businesses aspiring for growth need to keep an eye on performance improvement through online business training courses. To measure up to the ever evolving business world, small businesses need new skills to facilitate workforce gains and to generally meet the competent needs of operations in tandem with its competitors. Digital Marketing West Palm Beach

  22. Over the past few years, unemployment rates have increased to higher levels than ever before, which has resulted in many people deciding to start up their own small businesses instead. While small business ownership is a good thing, many entrepreneurs can in fact benefit greatly from using small business loans or other types of business funding to help them get ahead. divorce lawyers in miami fl

  23. Do you plan to start your first business venture soon? Then this article will give you some pointers on whether to use franchise or conventional business model as your first business venture. boynton beach attorneys

  24. It’s perfect time to make a few plans for the future and it is time to be happy. I have learn this put up and if I may I wish to suggest you few attention-grabbing issues or advice. Maybe you could write next articles referring to this article. I want to read more issues about it! fiverr backlinks

  25. Your business operations keep your company running and generating revenue, so they're necessary. But you don't need to be the one who manages them. If you have a multiple 6-figure+ business and find yourself creating and maintaining systems, establishing guidelines and deadlines for your team, or handling product and service delivery, you're stuck in the "DOING" of the business. slip and fall lawyer boynton beach

  26. Thankyou for all your efforts that you have put in this. very interesting information. desktop compters

  27. Building a successful business takes years of effort and attention. Having expended plenty of blood, sweat and tears over that time, business owners want to maximize their value when selling. Here are some of the major issues business owners should consider before, during and after a sale to secure the best value for their hard work. personal injury lawyer Boynton Beach fl

  28. My husband and i ended up being so relieved when Louis could finish off his investigation using the precious recommendations he gained while using the web pages. It’s not at all simplistic just to continually be releasing guidance that many the others could have been trying to sell. We really take into account we’ve got the website owner to appreciate for this. Most of the explanations you have made, the easy web site navigation, the relationships you can assist to create – it is all excellent, and it’s really letting our son and the family imagine that the situation is entertaining, and that’s exceedingly indispensable. Thanks for all the pieces! waxing

  29. I am pleased, I have to state. Really not often will i come across your blog which is every educative as well as enjoyable, and let me tell you, you have got strike the actual toenail about the head. The idea will be exceptional; the difficulty is something that doesn’t sufficient folks are speaking wisely about. I am extremely comfortable which i stumbled all through this kind of in my search for a very important factor relating to this. Cockatiels

  30. Undeniably believe that which you said. Your favorite reason appeared to be on the internet the easiest thing to be aware of. I say to you, I certainly get irked while people think about worries that they plainly do not know about. You managed to hit the nail upon the top as well as defined out the whole thing without having side-effects , people could take a signal. Will likely be back to get more. Thanks buy youtube subscribers legit

  31. Countless online communities include singles organizations of which attempt enjoyment boca raton breast lift pursuits mutually, and this also is actually wonderful substitute adult dating technique. Activities for instance pedaling, bowling, curling, motion picture a short time, dance and also humor golf equipment are sorted because of the singles party, but it lets an evenly-distributed group of contributors to acquire an exciting along with unconventional night time. By using concentration don that exercise once more rather then building a amorous association, it will take a lot of strain over singles as well as attractions manifest far more normally inside this type of setting up. 918kiss

  32. This is a great blog. and i want to visit this every day of the week .    바카라사이트