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!

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Saturday, 20 November 2010

Average CPF member is not stock market savvy?

Read? Resident wants ban on CPF cash for investments

"Allowing people to buy shares with their CPF money is like sending lambs to the slaughterhouse." 'The average CPF member is not stock market savvy." -  Ngiam Tong Dow

This is what Mr. Ngiam thinks; but how does an average CPF member thinks of his/her investing skills?

Probably like drivers on the road most of them will think that they are above-average.
Posted by Createwealth8888 at 18:56
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1 comment:

  1. Anonymous20 November 2010 at 21:55:00 GMT+8

    Yes, everyone needs time to learn theory & practical but BAN???
    After paying some "school fees" in the stock markets, some will learn very fast. Some average but some will think it is a 'casino'. And some burnt so badly, they will never touch the stock market again.
    But if you don't jump into the water with the presence of a swimming coach or no coach, you will never learn to swim.
    Of course with a swimming coach is the best course to take. But is there any good swimming coach around? Please let me know.

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