I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Monday 27 May 2019

What Is Missing in 1M65 CPF Strategy???



























Read? How I Accumulate $1M In CPF OA!


How come there is no seminar or talk on how to become better CPFIS investors?

Not even investment trainers?

Why?

Hmm .. 2.5% compounding interests is so hard to beat over few decades?

To top up CPF is easy. You just need spare cash!

To invest is not easy. You need more than just spare cash!





4 comments:

  1. Uncle 8888

    Invest or trade need skills or luck, either one, better if got both.

    1M65 strategy is get high high pay, then do either transfer oa to sa, top up vc, etc...

    1M65 speaker used to be high corporate lvl (SVP).

    Like uncle 8888 says, human assets and account size matters. :)

    ReplyDelete
    Replies
    1. Did he mention his annual income is near or more than seven digits?

      Delete
  2. Yup, the missing or unspoken element is having at least above average salary.

    No need 7-figure income if you're talking about hitting 1M55 provided, you don't touch your CPF for housing or education or large medical or investing.

    1M55 is based on having average $55K annual income over 30 years. Many fresh grads already hit this level upon graduation!

    For the average population, it is easier (and greater chances) to focus on education/learning & earning more .... rather than trying to get more people to be good at investing. ;)

    Govts know this.

    It boils down to the basics ... getting the personal finance pyramid right.

    ReplyDelete
  3. Strike enbloc Toto also reach $1m within striking distance

    ReplyDelete

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