Voluntary CPF-SA contribution before end Jan

I topped up the full $7k into my SA today, before the end of Jan. CPF calculates interest on a monthly basis, so anytime before Jan 31 is fine. Haven't any other use for the money, so I'd park it here for 4% at the beginning of the year to maximize the interests.

Do remember to do yours!

Comments

I increased my term + accident insurance policy with Aviva

I recently maxed out the SAF Aviva group term insurance on both term life plan for $1M and accident plans for $600k, which costs me $47.42 and $77.37 per month respectively. This is on top of my existing whole life plans . I did this to ensure adequate insurance coverage in times of need. The only downside of this is that Aviva pays out a maximum of $20M per event, and it's prorated accordingly, so don't bet your house on this and have some other backup. Term covers up to age 65-70 (your income generating years), and whole life covers your whole life (including your retirement years). In general whole life plans are alot more expensive per $ of coverage, compared to term plans, so you have to utilize both to get adequate coverage at a reasonable cost. In Singapore where voluntary death isn't an option, it could really bankrupt a family. Some say to purchase a $1M term plan that covers you up to age 99. That means you can't live past 99, but such plans are...

Trade wars and buying banks

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It was Mrs EOR's birthday a few days ago and we went out for dinner, something that we rarely do nowadays. We decided on Italian as it was awhile since we last had this cuisine. Venue : Al Forno @ 400 East coast road We read reviews on this place and ordered their diavola pizza and lobster pasta. Boy were they terrible! The pizza was overly runny with red sauce and tasted extremely bland (I'm already quite sensitive to salty food). The pasta sauce was just so so, something I could likely whip up at home. The lobster wasn't even peeled and cracked and it felt like we're eating at jumbo seafood. The only saving grace was that the pasta was done a perfect aldente. The decor is like what you see in Italy and I get that their trying to keep to their roots, but it makes the place extremely loud. It's like going to a club minus the music - definitely quieter to sit outside. Would I return : No. I'd visit only Etna @ Duxton. No more experimenting with Italian r...

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