Should I put $$ into children SA?

 Part 2: Should I put money in my children SA?


On far longer horizon, 50-years!!
Effective very long-term compounded SA interest rate is 12%. 

(1×(1.04^(50)−1)÷50×100 = 12%!!

I wouldn't say risk-free for no one can predict the CPF future in next 50-years !!!

In other words,
$1 ---> $12 (after 50-years)
$100,000 ---> $1,200,000 (after 50-years)!!

~~~

Critics may ask if CPF would still be around?

I will reply if CPF would be around to pay us 4% p.a. for next 20-years?

Comments

Popular posts from this blog

Can retire with $1k monthly? got bluff me?

13 Vitamins our body needs

MM2H requirement