This breaking news is a crucial reminder for us to stay informed about our financial choices, especially for those nearing retirement. 🇸🇬 While we plan for our future, let’s also support our local Singaporean small businesses! 🛍 These businesses are the backbone of our community, helping to create jobs and drive our economy. Every bit of support ensures a stronger, more resilient Singapore for everyone. Who else believes in backing local while planning for a brighter future? 🙌✨
Any Sporean born before 1958 is under the CPF retirement scheme. Under Retirement Sum Scheme (RSS), you will receive monthly payouts till age 90 or until your savings runs out, whichever is earlier. Do not convert from old retirement sum scheme to CPF life. The money in your old retirement sum scheme always earn 4%+ yearly. If you do not " trigger " the payout , it will continue to compound 4%+ yearly. Of course, CPF board will send a reminder letter that your parents can start to withdraw out monthly. You can just ignore it if you have excess cash & do not need the money. I "deposit" a lump of money into old my father CPF retirement account & let it earn 4%+ yearly instead of investing into more risk investments. Can treat it as a legacy.
Please correct me if I am wrong. CPF RSS will start the monthly payout to your dad once he hit 70 years old. He cannot leave the RSS RA permanently like a saving accounts.
7:45 it will be interesting if the scammer calls a person and tells the person his/her nric number (which was obtained from ACRA's mess) and convinces that person to transfer his/her OA to a "CPF Bank account"... then both cpf and mddi would be partly responsible for these losses..
3:40 lets see how many votes will be lost due to the "philosophical" change by cpf.... and btw, what cpf did to SA post 55 only shines a torch light on the OA. OA pre 55 and post 55 has exactly the same interest rate of 2.5% and yet very different levels of liquidity... so shouldnt the pre 55 OA interest be higher since it is more reatrictive compared to post 55 OA??
actually CPF calculate the int using the lowest amount in the account of the month. So there is no int for the $$ that move from SA to OA for Jan. So if you transfer from OA to RA. RA will also not give interest for RA for the amount transferred from OA to RA. All in all the SA $$ from the closure will lose interest for this month
When I turned 55yo, my SA removed, OA left with $60K and an accrued interest of $100K due to CPF withdrawal for HDB housing. So what I did is withdraw $50K from my OA to pay my accrued interest. The paid amount will go back to my OA so my OA went back to $60K. Then I repeat the cycle again and cleaned up my $100K accrued HDB interest. Now my OA remains the same from where it started but my accrued interest is zero. Mr Loo, my question is ... should CPF also zeroised all housing accrued interest when it removed SA at age 55 ? If I can think of this way to clean up my accrued interest, then anyone too. Why CPF die die want to make 55yo senior citizens to go through this process ? What do you think Mr Loo ? Did CPF deliberately do this ? Or they didn't anticipated this will happen when a normal and simple minded citizen like me can also think of this ?
How this month ( January 2025) OA and SA interest calculated? If based on lowest monthly balance, members will not earn interest for the amount transferred
Talking about the pathetic interest rate on such amount is a moot point. The fact that with the high cost of living now and this keep rising at such a rate, the amount of interest will not be sufficient whether with the SA account is being there or not. Even the FRS payout now would be grossly insufficient for basic needs.
Was planning to do a nomination and started enquiring. As the beneficiaries have an age gap of more than 30Y, the intention was to build up the young ones to FRS first by nominating a transfer to their SA, instead of paying out in cash. However, after enquiring about the wife aspect, the answer from CPFB was shocking. She is above 55 and had met both FRS and BHS, so I would assume the bequest would end up in her OA. But was told it will go to her RA to make up ERS. I remember LW mentioned that with SA closure, the money will go into OA and can be withdrawn later. Is there a policy change now, to "force" older members to top up to ERS? Hope to seek some wisdom if anyone encounters the same situation.
7:34 Thanks, Mr Loo for the warning about scammers targeting CPFers’ Ordinary Account. ⚠️❗️Pls warn others not to entertain any calls, SMS, emails pretending to be from CPF.
From CPF website : CPF balances used for interest computation are affected by the transactions in your account. For instance, contributions (including refunds) received this month start earning interest next month. Withdrawals/deductions in this month will not earn interest from this month onwards. DOES THIS MEANS - NO JAN INTEREST IS EARNED FOR THE RA AMOUNT IN BOTH RA AND OA ACCOUNT. Maybe CPF Board can clarify
Hi Mr Loo, it is misleading to say that money transforred RA will gain interest at 4.14% to members’ accounts. Reasons is that most members have already set up their CPF-Life, in which case, the interest gains will be absorbed into the common pool of CPFL, so the members don’t gain in that sense. Correct?
To my understanding, after 55 years old, the RA will be created. During this 10 years (55 to 65 years old), the amount in your RA will be receiving a higher interest of abt 4%. This will help to increase the amount in your RA by the time you reach 65. Once reaches 65, the amount accumulated will determine how much you can receive each month under the CPF life. It is after 65 then the interest is not yours to count but into a common pool.
By default those on RSS, if you transfer our SA to ERS max and your RA is 450K, cpf will extend your payout period and extend until yr age is 102 yrs old surprisingly is not increase yr payout amount, you need to write in to them to request payout till 90 yo
Looking at the 4% is a bit too simplistic, the FRS will only compound for 10 years and stop. Whereas with OA, it will compound as long as you leave the cash there. Say you top up to ERS of $426k and get at monthly payout of $3150 per month, as life expectancy for Singapore is 83, the payout stop there. All in you get $680.4K over 18 years. The yield is just like 2.57%, not much different from the OA of 2.53 % after compounding for 28 years.
I have met the FRS with a mix of cash and pledged property so my RA is half the sum of $213K. All my SA is now transferred to OA with a lower interest rate. If I wish to top the RA so as to get the same interest rate, will I still be able to make withdrawals from my RA up to the BRS?
Did anyone check in your CPF whether the SA account money has indeed been transferred out to your RA / OA as of 20 Jan 25 ? I got an email that it has been transferred but do not see the transferred $$ in my RA / OA ? The transaction history showed a $0 amount transferred.
@@aliabdulkader3465 after subsequent contributions still go to OA. By 55. All balance trfr to RA. Only one time. Afterwards still go to OA. Doesn't mean OA is close. SA is close means no more contribution flow into that account . But it will flow to OA
Hi Mr Loo. I am 52 this year. My son is in Polytechnic 3rd year and he is using my OA for his studies. I intend to transfer everything from OA into SA once he finished studying, to earn higher interest. Please share your thoughts.
Hi Mr Loo, do you means if my SA have $100K, and CPF transfer $100K from my SA to my OA on 19 Jan 2025. And I can transfer $100K or half ($50K) from my OA to RA any time within Jan 2025 to enjoy the 4% interest for the month of Jan for this additional $100K or $50K?
For people without RA, this idea will not make a difference. All their SA will be transferred to OA, correct? In future, these people who is less than 55 Years do not have RA?
Hi Mr Loo. Though CPF life provides a "dividend" after 65 the issue here is that you need to invest when you are 55 (ie transfer to RA) and this so call RA investment returns nothing for the next 10 years till 65 when payout start. So the so call dividend yield is actually much lower.
before one advise not to max out to ers 426k, note that, if u r 65 now, 50% chance live pass 65. at 6% 1st 30k, 5% next 30k n 4% rest, u have abt 630k, with 3.3k pm for life. its 4ever 6%pa. any anmuity out there or investment can guarantee this rate?
Technically, if SA do not have FRS, cpf board with try to top up to FRS from OA. So OA could be zeroed out. If still have leftovers, then you can withdraw.
Why my RA is $180k, yet my SA money was transferred to my OA, not to RA. I'm 56 this April, and before the closure of SA, I can still able to withdraw money more than $5000 from my OA. I never pledged my hdb before ..I wonder. My RA is not at $213k for FRS at the moment..
Hi mr loo At 55 I already transferred anything above my FRS out in OA and SA (quite simply electronically) Now in some gigs people will still want to pay me cpf and the amount goes to RA ..can I electronically withraw anything above FRS for my age cohort from the RA?
It is good he remind everyone again as many people are very blur and always quote ignorance say they are not informed. Singaporeans like to act blur. Say no one inform them
Didn't they announce this last year already ? Well, I guess it is good to remind everyone YET again as many people are very blur and always quote ignorance say they are not informed. Singaporeans like to act blur. Say no one inform them but when time to buy TOTO or collect money, they are first in line. Don't worry, sg gov will not cheat you. If you calculate the interest wrongly, that is your mistake.
No worry, sir! Many of the guy's shout for the return their cpf remember? let them get out all the cash and play themself loh! no need to teach them to LOCK up cpf !! Hee...Hee...
U can lah rich no need money we need fr our daily expense .if we die our coffin money also cannot buy..thy use our cpf fr investment .that's why cannot give us even our retirement loct full funny many excuses to take our money ..
plan to advise my parents to transfer to RA. 1. zero risk of scams. 2. they have enough outside of cpf. 3. regular payout. 4. highest risk free investment return as a form of legacy gift to descendants.
First they 'makan' your 4.14% compound interest when they used your FRS from your RA to pay for CPF Life at 65. Now they 'makan' your 4.14% compound intetest when they close your SA at 55. So what next?
SG-PAP has >160% sovereignty debt, one of the world’s highest, with collateral damage affecting all SINGAPOREANS CPF money!… not many SG is aware of the danger of RUN ON CPF when SINGAPOCALYSE NOW moment of DEEP DEBT CRISIS implodes!!!
Excellent warning issued by Mr Loo against scams. Thank you for the reminder.
Nice advise Mr Loo, appreciate your kind advise.
Thank you Mr. Loo for your clear advice and clarifications. This is very helpful and good point you also brought up the risks and the scams. 🙏
Thanks for the immediate and on time information. I don’t see the same immed action from other sources. You’re the best.
I appreciate your affirmation!
totally agree.
Thank you Mr Loo, your explanation is excellent and easy to understand. 👍
Thank you Mr Loo for the advice against scams 👍
Thank you Mr. Loo, a wonderful clip explaining very clearly on the closure of the SA. Appreciate your hard work to make this clip. ❤
❤
Thanks for the video and explanation 👍
Thank you for sharing sir 🙏😊
Thank you Mr Loo
Thanks for your information and warning
THanks. I prefer to keep liquidity.
Hi Mr Loo, thanks for the detailed info!
Great reminder for the possibility of Scams.
This breaking news is a crucial reminder for us to stay informed about our financial choices, especially for those nearing retirement. 🇸🇬 While we plan for our future, let’s also support our local Singaporean small businesses! 🛍 These businesses are the backbone of our community, helping to create jobs and drive our economy. Every bit of support ensures a stronger, more resilient Singapore for everyone. Who else believes in backing local while planning for a brighter future? 🙌✨
TQVM Bro..❤❤❤❤❤❤❤❤👍👍👍👍👍👍👍👍
Mr loo u are dam good. I saw CNA interview you on Malaysia property
Thank you for the informative Video!!
Many thanks
Many thanks for great feedback
Thank you for sharing.
Any Sporean born before 1958 is under the CPF retirement scheme.
Under Retirement Sum Scheme (RSS), you will receive monthly payouts till age 90 or until your savings runs out, whichever is earlier.
Do not convert from old retirement sum scheme to CPF life.
The money in your old retirement sum scheme always earn 4%+ yearly.
If you do not " trigger " the payout , it will continue to compound 4%+ yearly.
Of course, CPF board will send a reminder letter that your parents can start to withdraw out monthly. You can just ignore it if you have excess cash & do not need the money.
I "deposit" a lump of money into old my father CPF retirement account & let it earn 4%+ yearly instead of investing into more risk investments.
Can treat it as a legacy.
Thank you
Just hope your dad don't donate it away?
@@KiwiWellington-k4u I even top up to his Medisave account to the max to $48k to earn 4% yearly.
Please correct me if I am wrong.
CPF RSS will start the monthly payout to your dad once he hit 70 years old.
He cannot leave the RSS RA permanently like a saving accounts.
www.cpf.gov.sg/member/infohub/cpf-clarifies/clarifications/no-change-to-cpf-payout-eligibility-age
7:45 it will be interesting if the scammer calls a person and tells the person his/her nric number (which was obtained from ACRA's mess) and convinces that person to transfer his/her OA to a "CPF Bank account"...
then both cpf and mddi would be partly responsible for these losses..
Good warning ! 😅
3:40 lets see how many votes will be lost due to the "philosophical" change by cpf....
and btw, what cpf did to SA post 55 only shines a torch light on the OA.
OA pre 55 and post 55 has exactly the same interest rate of 2.5% and yet very different levels of liquidity... so shouldnt the pre 55 OA interest be higher since it is more reatrictive compared to post 55 OA??
actually CPF calculate the int using the lowest amount in the account of the month. So there is no int for the $$ that move from SA to OA for Jan. So if you transfer from OA to RA. RA will also not give interest for RA for the amount transferred from OA to RA. All in all the SA $$ from the closure will lose interest for this month
No lah…. If you move your money from SA to RA by Jan 2024, then nothing will be lost.
I also think that the amount in excess of FRS transferred from SA to OA would not earn interest in January.
When I turned 55yo, my SA removed, OA left with $60K and an accrued interest of $100K due to CPF withdrawal for HDB housing. So what I did is withdraw $50K from my OA to pay my accrued interest. The paid amount will go back to my OA so my OA went back to $60K. Then I repeat the cycle again and cleaned up my $100K accrued HDB interest. Now my OA remains the same from where it started but my accrued interest is zero. Mr Loo, my question is ... should CPF also zeroised all housing accrued interest when it removed SA at age 55 ? If I can think of this way to clean up my accrued interest, then anyone too. Why CPF die die want to make 55yo senior citizens to go through this process ? What do you think Mr Loo ? Did CPF deliberately do this ? Or they didn't anticipated this will happen when a normal and simple minded citizen like me can also think of this ?
good evening Mr Loo 😍
Good evening Chye Lin!
How this month ( January 2025) OA and SA interest calculated?
If based on lowest monthly balance, members will not earn interest for the amount transferred
I explained in my video
No need to lock lah. At 55, will be asked to do facial recognition if want to withdraw money. Should be safe ?
Talking about the pathetic interest rate on such amount is a moot point.
The fact that with the high cost of living now and this keep rising at such a rate, the amount of interest will not be sufficient whether with the SA account is being there or not.
Even the FRS payout now would be grossly insufficient for basic needs.
Was planning to do a nomination and started enquiring. As the beneficiaries have an age gap of more than 30Y, the intention was to build up the young ones to FRS first by nominating a transfer to their SA, instead of paying out in cash. However, after enquiring about the wife aspect, the answer from CPFB was shocking. She is above 55 and had met both FRS and BHS, so I would assume the bequest would end up in her OA. But was told it will go to her RA to make up ERS. I remember LW mentioned that with SA closure, the money will go into OA and can be withdrawn later. Is there a policy change now, to "force" older members to top up to ERS? Hope to seek some wisdom if anyone encounters the same situation.
CPF staff should do these explanations to us.
I have CPFB support in creating this video. So it is collaborative work with CPFB .
7:34 Thanks, Mr Loo for the warning about scammers targeting CPFers’ Ordinary Account. ⚠️❗️Pls warn others not to entertain any calls, SMS, emails pretending to be from CPF.
From CPF website : CPF balances used for interest computation are affected by the transactions in your account. For instance, contributions (including refunds) received this month start earning interest next month. Withdrawals/deductions in this month will not earn interest from this month onwards. DOES THIS MEANS - NO JAN INTEREST IS EARNED FOR THE RA AMOUNT IN BOTH RA AND OA ACCOUNT. Maybe CPF Board can clarify
Thank you for your advice, especially on the caution of scam.
Why government does not warn us on the scam that may be happen for this?
They do. In their FAQ.
Don't invest in stock, bear market end of 2025, 2026 and 2027, unless you know how to use options to mitigate; property also no no
Will FRS be drop to BRS after 10 years later despite getting the 4 % interests???
Hi Mr Loo, it is misleading to say that money transforred RA will gain interest at 4.14% to members’ accounts. Reasons is that most members have already set up their CPF-Life, in which case, the interest gains will be absorbed into the common pool of CPFL, so the members don’t gain in that sense. Correct?
To my understanding, after 55 years old, the RA will be created. During this 10 years (55 to 65 years old), the amount in your RA will be receiving a higher interest of abt 4%. This will help to increase the amount in your RA by the time you reach 65. Once reaches 65, the amount accumulated will determine how much you can receive each month under the CPF life. It is after 65 then the interest is not yours to count but into a common pool.
@@Buttercookies0 1:16
You’re absolutely right. It applies to those after age 65 and older members.
Gov save millions on SA interest,put into OA more let sinkies buy mil$ hdb using more from OA gov save millions on interest.
By default those on RSS, if you transfer our SA to ERS max and your RA is 450K, cpf will extend your payout period and extend until yr age is 102 yrs old surprisingly is not increase yr payout amount, you need to write in to them to request payout till 90 yo
Looking at the 4% is a bit too simplistic, the FRS will only compound for 10 years and stop. Whereas with OA, it will compound as long as you leave the cash there. Say you top up to ERS of $426k and get at monthly payout of $3150 per month, as life expectancy for Singapore is 83, the payout stop there. All in you get $680.4K over 18 years. The yield is just like 2.57%, not much different from the OA of 2.53 % after compounding for 28 years.
Based on 2024 stats, we have around 4m citizens+pr in SG. So 1.4m, or 35% are 55yr and above. That's a lot.
How can we maximise returns on the RA account? Considering, we cannot withdraw .
I have met the FRS with a mix of cash and pledged property so my RA is half the sum of $213K.
All my SA is now transferred to OA with a lower interest rate.
If I wish to top the RA so as to get the same interest rate, will I still be able to make withdrawals from my RA up to the BRS?
The special ACC is close to help people have something to buy their own bto flat in their old age
Did anyone check in your CPF whether the SA account money has indeed been transferred out to your RA / OA as of 20 Jan 25 ? I got an email that it has been transferred but do not see the transferred $$ in my RA / OA ? The transaction history showed a $0 amount transferred.
Maybe it because your RA has hit FRS already
I just checked, under setting, there isn't anywhere to lock the withdrawal, is it only when u are 55 then it will appear?
Is endowus platform suitable for?
It is a great platform.
It is a good policy. Many senior can now buy a bto flat in their retirement years ..as they have money inside OA
Once 55 money in oa locked for retirement.
@@aliabdulkader3465 after subsequent contributions still go to OA. By 55. All balance trfr to RA. Only one time. Afterwards still go to OA. Doesn't mean OA is close. SA is close means no more contribution flow into that account . But it will flow to OA
@@neohengong4358 retirement years sure or not can buy bto RA already lock got job with monthly income if not hdb nank wont loan.
Hi Mr Loo. I am 52 this year. My son is in Polytechnic 3rd year and he is using my OA for his studies. I intend to transfer everything from OA into SA once he finished studying, to earn higher interest. Please share your thoughts.
$426,000 ERS at 55 years old will get a monthly payout of up to $3,300 for life from age 65 years old. Are you sure it is $4k plus?
i wonder how much is save by not paying the 4 % interest to the 1.4 million members.
I heard at 65 we allow to withdraw 20% of RA money, is it true ?
If yes, we can transfer some to RA to earn 4% for 10 years. Please advise
with so many scam cases warrenting the public, yet there are still folks readily provide their personal info and give their hard-earned $$$ away....
Hi Mr Loo, do you means if my SA have $100K, and CPF transfer $100K from my SA to my OA on 19 Jan 2025. And I can transfer $100K or half ($50K) from my OA to RA any time within Jan 2025 to enjoy the 4% interest for the month of Jan for this additional $100K or $50K?
Conceptually yes, but devil is in the details of your CPF account
Of cos wonderful if u have the $400k for the enchanced plan... since u need to have $ from 55 to 65 or 70...
Sian....
For people without RA, this idea will not make a difference. All their SA will be transferred to OA, correct? In future, these people who is less than 55 Years do not have RA?
Hi Mr Loo. Though CPF life provides a "dividend" after 65 the issue here is that you need to invest when you are 55 (ie transfer to RA) and this so call RA investment returns nothing for the next 10 years till 65 when payout start. So the so call dividend yield is actually much lower.
Yields nothing for next 10 years until 65? You sure ma or you now trying to spread fake news to make sinkies not able to retire properly? Sibeh dog
From 55 to 65, there is a 4% return into your RA.
What happened with those whom SA account only has $100k as the rest of $113k is in investment. Then only $100k will go into RA?
before one advise not to max out to ers 426k, note that, if u r 65 now, 50% chance live pass 65. at 6% 1st 30k, 5% next 30k n 4% rest, u have abt 630k, with 3.3k pm for life. its 4ever 6%pa. any anmuity out there or investment can guarantee this rate?
Hi Mr Loo, so after 55, those in the OA can withdraw or not?
Yes . Can
@1m65 have to ensure cohort's FRS is met in RA before they can withdraw from OA
@@SongPorTan hi. If RA’s FRS not met, and say if OA got money , can withdraw OA? (Ok i dunno if this is even possible in the first place)
Technically, if SA do not have FRS, cpf board with try to top up to FRS from OA. So OA could be zeroed out. If still have leftovers, then you can withdraw.
Why my RA is $180k, yet my SA money was transferred to my OA, not to RA. I'm 56 this April, and before the closure of SA, I can still able to withdraw money more than $5000 from my OA. I never pledged my hdb before ..I wonder.
My RA is not at $213k for FRS at the moment..
Yr FRS is based on yr prevailing year when u reached 55yo. The $213K is based on this year FRS.
@Nothingmore1313 I reached 55 last year April 2024
@Nothingmore1313
I don't get the logic...but luckily I am able to withdraw all for immediate use from my OA ... LoL
@@RolandPerYes but your payout till life at age 65 would be lower since you didn't hit FRS. Pro rate
@@dorarajoorajendran1964 what if by the time I'm 65 ..my RA accumulated more than $250k due to yearly interest..what will be my payout from 65??
Hi mr loo
At 55 I already transferred anything above my FRS out in OA and SA (quite simply electronically) Now in some gigs people will still want to pay me cpf and the amount goes to RA
..can I electronically withraw anything above FRS for my age cohort from the RA?
Got to our 1M65 Telegram group and ask this question and there will be a lot of advice given to you.
t.me/Loo1M65
Can withdraw all money from OA after reach 65?
Alot Singaporean already know . No need warning.
It is good he remind everyone again as many people are very blur and always quote ignorance say they are not informed. Singaporeans like to act blur. Say no one inform them
Thank you. Understand most of your CPF is invested in s&p500. Would u sell off after u hit 55? Since u advocate keeping it safe after 55
Most of my OA are in S&P500. SA is untouched. And yes, will keep it there for long term compounding.
Didn't they announce this last year already ? Well, I guess it is good to remind everyone YET again as many people are very blur and always quote ignorance say they are not informed. Singaporeans like to act blur. Say no one inform them but when time to buy TOTO or collect money, they are first in line. Don't worry, sg gov will not cheat you. If you calculate the interest wrongly, that is your mistake.
Shifting OA to RA to new ERS nao ... ! 😅
I used cash to top up till 4xbrs on 1st Jan. 😉
👍👍👍👍👍
👎👎👎👎👎CPF PAY AND PAY GOV
Cpf Waste time la. Just all in bitcoin
Memecoin the only way to be rich using a small amount of money.
Someone turned $10000 to $9 million buying trump coin at 0.08 and selling at $78
No worry, sir! Many of the guy's shout for the return their cpf remember? let them get out all the cash and play themself loh! no need to teach them to LOCK up cpf !! Hee...Hee...
Yah u assuming u can live how long after 65? Govt knows most likely u won't live long enough to be able to profit from them
S&P 500 is good
Fake news, 4k is for 70 year old. Stop this
U can lah rich no need money we need fr our daily expense .if we die our coffin money also cannot buy..thy use our cpf fr investment .that's why cannot give us even our retirement loct full funny many excuses to take our money ..
dont rely on CPF , save in bitcoin.
No lah. No 4K lah. Only 3k +
How to determine the figure?
For me ?$4.4K
@ that’s assuming you start your payout at age 70. For those starting payout at age 65 would likely get only 3k+
Don be so money minder. It is not abt the interest . Mr Loo opinion is onesided ...n his thinking .
plan to advise my parents to transfer to RA.
1. zero risk of scams.
2. they have enough outside of cpf.
3. regular payout.
4. highest risk free investment return as a form of legacy gift to descendants.
Totally agree with you
First they 'makan' your 4.14% compound interest when they used your FRS from your RA to pay for CPF Life at 65.
Now they 'makan' your 4.14% compound intetest when they close your SA at 55.
So what next?
They? Who? 😂
I am confused by this announcement since Govt announced that SA accounts will be closed by middle 2025 and not today!
Buy mpact for 6.6 percent yield, even better than CPF aa
If it is delisted?
Buy anything that give u more than 4% is better. However your money still stuck till 65 then the 4k pay out starts.
@ buy reits now? seems bottomed?
SG-PAP has >160% sovereignty debt, one of the world’s highest, with collateral damage affecting all SINGAPOREANS CPF money!… not many SG is aware of the danger of RUN ON CPF when SINGAPOCALYSE NOW moment of DEEP DEBT CRISIS implodes!!!