Challenge

Following from my posting, I will be keeping track of my "buy term invest the rest" plan. Below are the details:

CPF Assumptions

a) 5% interest for first five years, then 4% subsequent
b) 7% Tax savings will go to CPF SA

Whole Life (Sum assured $100,000)

Annual Premium: $2153.60
Paid upon start of year, inception 7 January 2016


AssetAllocation
Cum Returns
Cum. Value
Cash
2020.2020.202020.20
Term
153.60--
SPDR ETF
-
-
-
CPF
1000502050
Tax Relief*
75
4154
* Recontributed to CPF SA

Transactions:


2016
Bought 355.8 units of STI ETF on 7 Jan 16 @ 2.81, sold @ 2.83 on 8 March 16
Dividend of 4.6 cents received in Feb 16 ( Total gain of $20.20 after brokerage fees)

End 2016 - $2149.20




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