EPISODE · Sep 28, 2021 · 10 MIN
ASKING SEAN #154 | INVEST USING EPF MONEY
from IHERNG PODCAST · host Sean Tan
In this episode, we will discuss about the scenario that this audience is in. They are gearing up themselves for more property purchases and it's just inspiring. As much as we are being influenced by the media, we need to really be mindful what are we consuming as those will form our believe. Anyway, one of the easier way to build portfolio would be to leverage on our existing financial infrastructure. After you buy your first property, you can use that SPA to withdraw either 10% of your SPA value or everything in your account 2 in EPF. Then you use that capital in getting the next one. In no time, you'll have 2 properties already. However, only withdraw out the money if you're gonna invest with it because by not withdrawing, you're gonna enjoy a 6% interest on it. So be mindful!!
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ASKING SEAN #154 | INVEST USING EPF MONEY
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