Anonymous
What are your thoughts on including CPF in your net worth calculation?
I see people who include CPF as part of their net worth calculation and people who don't, and I'm curious what the arguments are for both.
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JeffreyLeeZQ
09 Apr 2021
Writer at Jeffreyleezq.com
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The correct calculation of net worth is to include CPF. Bank will do that also.
However, i personally wont include CPF & property for my calculation. Because is not liquid which = no cashflow.
If a company heavy on fixed asset (not liquid) with no or little cashflow is it a good company? Eg. Airline companies.
If you include all those things you probably a millionaire. But do you feel like a millionaire? I just dont want to have that illusion, i am in good financial situtation because i have ton of non- liquid "asset"
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Zac
08 Apr 2021
Noob at Idiots Invest
I'll list some of my thoughts here.
CPF money undeniably accrues interest through the years, but a ...
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No right or wrong here, but most articles I came across include CPF as part of their net worth. Afterall, CPF is also your money.
Cheers.
- Jeffrey (jeffreyleezq.com)