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

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Thursday, 29 May 2014

Attending CPF seminar on Life @ 55???


Wondering how many near retirees bother to attend this talk to find more?


BTW, Uncle8888 is "guru" enough on his retirement planning also attended this talk to hear it ACTUALLY and take the opportunity to mingle around with those folks and talk about investing opportunities.

Register? LIFE @ 55 English Talk


Description : LIFE @ 55 English Talk
- How can I build up my retirement savings?
- How do I choose a suitable CPF LIFE plan?
- What is the Minimum Sum?
- What about my CPF monies used for my investments and my child's education?
If you would like to know the answers to these questions and learn more about CPF rules applicable to you from age 55, join us at this complimentary talk specially designed to help prepare you when you turn 55 in the second half of this year.
Register now to avoid disappointment! Seats are available on a first come, first served basis!
Date : 29 Jul 2014
Time :
07:00PM to 08:30PM -(Registration starts at 06:15PM)
Venue : NTUC Centre, 1 Marina Boulevard, NTUC Auditorium Level 7, Singapore 018989
Closing Date for Registration :
28 Jul 2014
Contact Information : events@cpf.gov.sg
Posted by Createwealth8888 at 07:57
Labels:

8 comments:

  1. Createwealth888829 May 2014 at 08:03:00 GMT+8

    If I remembered correctly; you are given one drink and some snacks for you to "tong" till eating your own dinner.

    :-)

    ReplyDelete
  2. RayNg29 May 2014 at 09:21:00 GMT+8

    The CPF speakers will be advise retiree "doing nothing is also a best option".

    "Doing nothing" means they discourage you to withdraw money from CPF. Go and listen and draw your own conclusion. lol!

    ReplyDelete
  3. Createwealth888829 May 2014 at 10:48:00 GMT+8

    Why so eager to withdraw cash from CPF OA unless one thinks Govt is going to change hand?

    For savvy investors, CPF OA is safe haven for parking war chest. LOL!

    ReplyDelete
    Replies
    1. RayNg29 May 2014 at 11:28:00 GMT+8

      There is a catch. If one continue to work and contribute CPF, one could not withdraw money until the next birthday.

      In that sense, it is unwise the park the OA money in CPF as war chest. When the market crash, one may not able to use his war chest fully. Of course he still can use CPFIS to trade.

      For those with surplus OA after RA, indeed it is a happy problem.

      Delete
    2. Createwealth888829 May 2014 at 11:40:00 GMT+8

      We can make our first CPF OA withdrawal anytime (Best time = Beginning of Bear market to replenish our war chest) and receive it within 5 working days and subsequent withdrawal only once a year till the next birthday or anytime if no withdrawal is made at the next birthday.


      Birthday coming. CPF money coming. LOL!

      Delete
  4. Anonymous29 May 2014 at 21:06:00 GMT+8

    i think can be 3 working days if online. IRRC

    ReplyDelete
  5. Anonymous29 May 2014 at 21:29:00 GMT+8

    Anyway if market comes a Black Swan, you have plenty of time. Only afraid you buy too early

    ReplyDelete
  6. Createwealth88887 June 2014 at 18:14:00 GMT+8

    One office auntie told me she now regretted withdrawing all her CPF money.

    I asked her why you withdraw all?

    She claimed she blur blur never read the CPF letter carefully and ticked the wrong box.

    Chun bo?

    LOL

    ReplyDelete

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