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.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday 21 May 2015

Top Up CPF SA From CPF OA? Depending On Who You Ask! (3)


 Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (2)

Never assume you are NOT the next financial and investment blogger who can show others how you did in your own WAY.



When you are in 20s and 30s; why do you need to hurry for locking up your own money in CPF SA to earn that extra 1.5% compounding interests till the next retirement age 69 or 7x?

You don't know how to invest now. But, are you so sure you are NOT going to learn and excel in your investing skills in the next 20 to 30 years?


You may even do better than Uncle8888. Why not?

You are much younger than him. You have started wise in your investing journey with so many free financial education in the cyber world!



5 comments:

  1. 20 to 30 years ahead of you is super long run in the stock market; you just need a few good stocks to build up your wealth.

    Peter Lych:

    You don't need a lot in your lifetime. You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.



    I think the secret is if you have a lot of stocks,

    some will do mediocre,
    some will do okay, and
    if one of two of 'em go up big time,

    you produce a fabulous result.


    Read? Multi-baggers (2)

    ReplyDelete
    Replies
    1. CW,

      "20 to 30 years ahead of you is super long run in the stock market; you just need a few good stocks to build up your wealth."

      Eh... Got guarantee or not?

      Wait I become part of the 80% of CPF investors who lose money or underperform the 2.5% CPF interest how?

      Delete
    2. Walau!

      Those people paying $X,XXX to attend courses also never ask for guarantee or audited statements.

      Delete
    3. Ok. Young ones in your 20s take note

      :-)

      Delete

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