S. M. A. R. T. Investing with TSK

DBS Multiplier Account Bigger from May1,2019! (updated with DBS announcement on May 1, 1.25am) Yes! Max cap at $100k!  But broken down into first 50k and second 50k,  with up to 3.65% pa effective interest, that's $3650 interest per year or $ 300/310 per mth! The best savings account to multiply your money at up to 3.65% p.a. with no minimum salary credit, no minimum credit card spend, and if u can hit a total of 4 categories, with total transactions of more than $30k per month! A.  And DBS teach you how to “Hack” if you do not have salary credit or do not have Investment Category, so u can still qualify to earn up to 3.5% pa interest, hurray! How to “Hack” Setup a Joint Savings Account (eg POSB savings account with You & Me) Giro You's salary to Joint Savings Account Giro Me's dividend credit from CDP to Joint Savings Account Bingo, all You, Me personal DBS multiplier accounts will earn bonus interest, w...

CPF Special Account Hack - Are You Ready? - Part 2 Questions: 1. Should CPF Policies/Rules be written to benefit the Rich Only? To make the Rich Richer? 2. Should CPF Policies/Rules be written to benefit those who know the “loophole” only? 3. Should CPF Policies/Rules be written to benefit those who know how to exploit the “loophole” only? 4. Should “tax payers monies” be “distributed” to benefit the above “elite” group of people who know how to Hack? Why does CPFB allow such Hacks to occur “undetected”? A. Investing via CPFIS-SA: CPFB Rationale “A member can choose to invest his SA savings above $40,000 under CPFIS-SA. However, all investments are subject to risk. Risk refers to the possibility of losing part/all of your investments due to financial market changes. Assuming a member has $200,000 in his SA and uses $160,000 to invest under CPFIS-SA. Although he can liquidate his investments after reaching 55, the amount of sales proceeds he will...

CPF Special Account Hack you must know to Retire Rich! Don't miss the boat to Retire Rich! What the Hack! We already missed the boat to Retire Rich? Yes, it is “approved”, written in the CPF Board website rules, but only if you know it and can see the “big loophole” created by policy writers! Here is how it works, as “approved” in the CPFB policies/rules: A. How is the Retirement Account (RA) created? When a member turns 55, a CPF Retirement Account (RA) will be created for him. The Board will first set aside his Full Retirement Sum (FRS) in his RA by transferring funds in the following account sequence: 1.    Funds in his Special Account (SA). 2.    If (1) is insufficient to set aside the FRS in full, funds in the Ordinary Account (OA) will be transferred to the RA to make up the FRS. Excess of the FRS (if any) will remain in his OA/SA which he can withdraw at any time. B.  Grow Your SA Knowing how CPFB creates the...

Boost Your OCBC360 Interest Rate to 3.55%pa from April 2019! Yes! You can easily boost your OCBC360 account interest rate to 3.55% pa on alternate months! Yes, if you can meet the salary crediting and credit card spend criteria, you can play this game. Here is how you should play this game to earn 3.55% pa on alternate months, giving you an average of 2.75% pa on $70,000! 1   Open OCBC360A (personal) and OCBC360B (joint with sibling, eg) 2   Mth0 = OCBC360A = OCBC360B = zero 3   Mth1 = OCBC360A = $70k (credit salary=1.6%+ credit card $500=0.45%+Stepup =0.45%+Boost=1%+Base=0.05%) Total = 3.55% 4    Mth2 = OCBC360A = 0                   OCBC360B = 70K (credit card $500=0.45%+Stepup =0.45%+Boost=1%+Base=0.05%) Total = 1.95% 5    Mth3 = OCBC360B = 0                   OCBC360A= 70K (repeat from step 3) ...