Saturday, 16 September 2017
Top Up CPF SA From CPF OA? Depending On Who You Ask! (10)
Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (9)
Read? Optimising Your CPF For Retirement
You are younger and seriously want to become competent active investor and will put in your time and effort to master this investing skill over the next few market cycles?
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CW,
ReplyDeleteAfter 20 years, those who choose "craftsmanship" path will be their own shepherd. Maybe even land owner. But the road is definitely NOT EASY! Some will fail miserably too...
Its not the path for those who believe in anyone and everyone! Just ask those CPIS investors who lost money using CPF to invest :(
Those who choose the "sugar daddy will take care of me" route, well, after 20 years, they will be still asking, "What stocks to buy huh?" or "At this price can buy?" Its 1st year experience times 20. No personal growth when it comes to financial acumen :(
But then, its hard to "lose" money since its "savings" - not "investing" ;)
Except maybe must pray hard there's no regime change, moving of goal posts, and/or run away inflation...
Fully agreed. It is "craftsmanship" path and will years across market cycles to learn it.
DeleteSomething like this quote: “Do. Or do not. There is no try.”
Ah Gong enforces 35% rule for asset allocation for riskier asset; it is really part of money and risk management. After mortgage loan if using CPF OA; for many of us, CPFIS is not a large war chest.