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

Wednesday 30 September 2015

Golar Cameroon FLNG Project Reaches Major Milestone

Hamilton, Bermuda: Golar LNG Limited ("Golar") announces that its Cameroon floating liquefied natural gas project has reached a major milestone with the final approval by all parties of the Gas Convention for the project. This final investment decision commits the project to a targeted start date for commissioning of second quarter, 2017.

At a signing ceremony in Yaoundé, Cameroon on Wednesday, September 30, Cameroon's state owned oil and gas company Société Nationale des Hydrocarbures ("SNH"), Perenco Cameroon ("Perenco"), Golar Hilli Corporation and Golar Cameroon (together "Golar") executed a fully effective and binding Gas Convention with the Republic of Cameroon which endorses and governs the installation and operation of the GoFLNG vessel in Cameroon waters offshore of Kribi.

The binding Tolling Agreement having already been agreed between Golar and Perenco, is expected to be formally approved by the 25% upstream partner SNH imminently.  This agreement establishes the terms under which Golar shall provide liquefaction, storage, and off-loading services to SNH and Perenco as upstream joint venture partners.

The signing today of the Gas Convention and the finalization of the Tolling Agreement terms facilitates the financing structure previously announced and will enable Golar to drawdown up to $700m from the facility to fund the ongoing conversion cost. It is estimated that no further direct funding from Golar will be required for the Hilli conversion, with the remainder of the conversion project being financed through this debt facility.

Golar, Perenco and SNH have for the past two years been developing a floating liquefied natural gas export project located near shore off the coast of Cameroon situated in an area of benign sea states and utilizing Golar's floating liquefaction technology ("GoFLNG"). The project is based on the allocation of 500 Bcf of natural gas reserves from offshore Kribi fields, which will be exported to global markets via the GoFLNG facility "Hilli", now under construction at Keppel Shipyard in Singapore. Golar will provide the liquefaction facilities and services under a tolling agreement to SNH and Perenco as parties of the upstream joint venture.   It is anticipated that the allocated reserves will be produced at a rate of 1.2 million tons of LNG per annum, representing approximately 50% of the vessel's nameplate production capacity, over an approximate eight year period. It is expected that production will commence in Q2, 2017.

Consistent with previous advice, the project in Cameroon is expected to deliver an EBITDA for Golar in the first full year of operation, based on the utilisation of 2 of the available 4 liquefaction trains, in the range of $170 million to $300 million, with a flexible tolling structure which correlates to Brent crude oil prices ranging from a floor of $60/bbl to a cap of $102/bbl. The Tolling Agreement also includes a tariff for a 3 train operation in case additional gas volumes can be processed or production advanced. Full production by 3 trains will increase the EBITDA to between $240 million and $430 million corresponding to the same range of Brent crude oil prices. 

Golar's CEO Gary Smith commented; "The achievement of this very significant milestone in the delivery of Golar's FLNG strategy is the result of many years of hard work and technical innovation by our employees and partners. We consider ourselves very fortunate to be developing our first FLNG project in a very professional partnership with Perenco and SNH who have provided a solid foundation to this ground breaking project. We genuinely believe the employment of this first speculatively ordered FLNG unit and the approval for development of the Kribi field sets a new standard for development of gas reserves. Golar's GoFLNG business model reduces the resource holder's capex and project execution risk, advance their cash flow and is flexible enough to develop smaller reserves. 

The Kribi field development was approved within a relative short time frame and delivers solid economics for all parties involved notwithstanding the current low oil and gas price environment. This approval clearly demonstrates the competiveness of the GoFLNG model vs other alternative approaches to LNG project development. 

Significant experience has been gained from this first GoFLNG project, which strengthens Golar's ability to assist other resource holders and developing nations to monetize reserves which currently are either dormant or sub optimally produced. 

Golar is increasingly encouraged by the growing portfolio of interesting FLNG projects currently being discussed and developed."


This press release contains certain forward-looking statements concerning future events and Golar's operations, performance and financial condition. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "believe", "anticipate", "expect", "estimate", "project", "will be", "will continue", "will likely result", "plan", "intend" or words or phrases of similar meanings. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond Golar's control. Actual results may differ materially from those expressed or implied by such forward-looking statements.

9M 2015 Investment Performance Report

Read? H1 2015 Investment Performance Report

A Goal-based Approach Investing StrategyUncle8888 has adopted a Goal-based Approach investing strategy by setting for himself a 10-year progressive Goal Targets to be achieved for each year from 2012 to 2021.

Our investing journey is not Horse Race or Rat Race where we compete against others. 
No! It is our investment Marathon Race where we set our own pace and compete against ourselves to win our own race.

Year 4: 9M 2015 Result for Tap No 3 (Cash Flow from Investment Portfolio)

Achieved 32.9% against 34% of 2021 Goal Targets.

Investment Portfolio XIRR

Track, Measure and Visualize!

Without doing it; how to revise investing strategies and to improve year-on-year investing performance?

Investment Portfolio's XIRR includes all investable cash plus the current stocks value at market closing price as on 30 Sep 2015.

Since one year ago: -12.4%
Since 1 Nov 2008: -1.9%
Since 1 Jan 2003: +7.8%
Since 1 Jan 2000: +7.3%

The reality of riding market cycles of Bull and Bear

This reality cannot be anyhow extrapolated in any form of theoretical knowledge including the most popular form of compounding interests - the Eight Wonder of the World.

No. You can't!

Embracing Three Taps Solutions to Retirement Income For Life Model

Uncle8888's Wealth's Formula:

Wealth = Asset Value + Cash Flow

Where Sustainable Cash Flow = Tap 1 + Tap 2 + Tap 3

and volatile market pricing of Asset Value becoming less significant.

Since Tap No 3 is enough to supply the liquidity needs; Tap No 1 will remain shut.

Uncle8888's Tap 1 can sustain up to 2037 covering 81.2% of yearly household expenses without his investment income using asset-down strategy when it becomes necessary to do so.

Now, he will have a peace of mind of passing over this asset to his spouse, an investing idiot.

You might also like:

What Is Really Important In Long Term Investing???

No guessing here! 

Uncle8888 diligently tracked every position in his portfolio and knows how every position performs. 

There will be Good, Bad, and Ugly. We can't never escape!

How good, how bad and how ugly?

It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros

How good when he is right?

How ugly when he is wrong?

2 Good vs 1 Bad and 1 Ugly!

He has bought back his Kep Corp at $12.14 in Jul 2007. So high! How ugly can it be?

See for yourself!

Why Uncle8888 still choose growth-dividend strategy over income dividend investing even though he now aims for higher cash flow.

The wisdom of George Soros in play!

Monday 28 September 2015

Is This STI Bear Market You Are Waiting For???

Sembcorp Establishes Presence in Bangladeh with New Power Project

- Approximately US$390 million power plant in northwestern Bangladesh to have a capacity of 426 megawatts

Sembcorp Industries (Sembcorp) is pleased to announce that it will be developing a 426-megawatt power plant in the Sirajganj district of Bangladesh under a public-private partnership, establishing the Group’s first foothold in this fast growing emerging market. This build-own-operate project was awarded to Sembcorp’s wholly-owned subsidiary, Sembcorp Utilities, by the Government of Bangladesh.

At a total project cost of approximately US$390 million, the combined cycle power plant will be fuelled primarily by natural gas, with high speed diesel as backup fuel. Expected to be completed in 2018, the plant will supply power to the grid under a 22.5-year power purchase agreement with the Bangladesh Power Development Board. Sembcorp will own a 71% stake in the project while North-West Power Generation Company, a subsidiary power generation company of the Bangladesh Power Development Board, will hold the remaining 29%. A joint venture company, Sembcorp Sirajganj Power Company, will be incorporated in Bangladesh to undertake the project.

Tang Kin Fei, Group President & CEO of Sembcorp, said, “We are pleased to secure this project as it provides us with a platform to grow our power business in Bangladesh. With Sembcorp’s track record in developing greenfield projects in emerging markets, we are confident of delivering this project successfully and look forward to working closely with our partner, North-West Power Generation Company. Bangladesh offers strong growth potential and we see the opportunity for us to further grow our utilities and other businesses in the country.”

Bangladesh is among the fastest growing economies in the world with a growing power market. The country’s real gross domestic product is forecast to grow more than 6% annually over the next 15 years, supported by steady growth in private consumption . More power plants are needed to cater to the increasing power needs from economic expansion, as present generation capacity is unable to meet the prevailing load demand of the country. The government also plans to add about 10 gigawatts of capacity over the next decade. With this growing energy landscape in Bangladesh, the country presents immense opportunities for Sembcorp.

“This is the first public-private partnership project with a foreign investor in the power sector in Bangladesh, and we are happy to be partnering Sembcorp in this landmark project. Sembcorp brings with it proven capabilities in developing, owning and operating energy facilities globally. We believe that together we can help to meet the growing demand of electricity in Bangladesh,” said A.M. Khurshedul Alam, Managing Director of North-West Power Generation Company.

Financial information
The total project investment of approximately US$390 million (approximately S$547 million) is expected to be funded through a mix of limited recourse project financing and equity. Lenders for this project will include multilateral agencies and commercial banks. Financial close of the project is expected in 2016. Sembcorp’s equity investment will amount to approximately US$68 million (approximately S$95 million) and will be financed by internal funds and borrowings.

This project is not expected to have a material impact on the earnings per share and net asset value per share of Sembcorp Industries for the financial year ending December 31, 2015.

- END -

Return On Investment: Actual vs. %???

$120K passive income p.a. 

So impressive! 

Is % equally impressive?

1,000% gain.

So impressive!

Is actual equally impressive?

This is how the Minority plays the big number game to grab the attention of silent Majority to follow them. The more vocal followers will sing their praises loud and clear.

How about Uncle88888's DBS yield on investment cost?

7.3% p.a. for SE Asian largest bank ex Japan and a strong brand.


But, time has arrived for him to change this big number game plan to trade % for actual. LOL!

Here is the switch from DBS in CPFIS to cash position for OSIM and DBS ...

Nothing to shout about on their yield.

OSIM: 4.2%

Re-entered DBS: 3.5%

But, the actual cash flow from these two positions is 27% higher than before the switch.

Wealth = Asset Value + Cash Flow

Read? Keep your Goals on hand and close to your ear and face??? (2)





Sunday 27 September 2015

Our money cannot vanish!!!

Our money cannot vanish!

It is either we spend them willingly on ourselves and our beloved or one day, when strangers become close friends to help us to spend our money without us feeling any pain!

Beyond certain age when we can still count our money; we should stop to be frugal?

What do you think?

Another case ....

The Last Four Rounds: 3 Losers and 1 Winner as of now

As of last Friday market closing

1.Semb Corp: Round 54: Lost big!

Paper loss @ -29.2%

2. Kep Corp: Round 94: Lost big!

Paper loss @ -29.5%

3. OSIM: Round 1: Small win!

Paper gain @ 15%

4. DBS: Round 20:Too early to tell

Now, you may feel better knowing that Uncle8888 also perform badly even after 15 years in the stock market?

Losing is part of the Game. If one cannot take paper losses; then go and lend your money to SSB.

I score distinctions in my exam but not in the stock market (Refresh)


the ants and grasshopper story. is to teach readers to study, do homework. right?

i study and study, but also fail. like this how?

Again. Somebody asked the same kind of question.

This was posted on  

Sunday, 10 April 2011

Time flies. People come. People go; but the question that is asked still remain about the same kind.


Just For Thinking ...

Studying for School Exam

You are intelligent and very hardworking too. When you study hard and do more than what is required in your course, and you may score distinctions in many subjects in your field of study.

Studying for Stock Market Test

You are intelligent and work very hard in the stock market. You analyze very hard either fundamental or technical or both. You also study hard and wide (serious reading and understanding) on lots of finance and investment book. You even attended Gurus conducted workshops, seminars and training courses .

You trained yourself hard to become discipline of Dr. E, Mr. W, Prof. G or Guru Z; but still not doing well in the stock market. Why?

Possible Explanation

In your school exam, you are tested on what should you know. If you have learned more than what you should know then you can score distinctions.

But, the Test in the stock market are not the same exam in the school. The stock market doesn't set Test on what you have learned and should have know. But, it will punish you hard if you don't know and don't learn.

To do well in the stock market; it may require more than knowing more than studying harder. It is not the same as studying for your school exam; otherwise most of the scholars and 1st Class Hons graduates will become richer in the stock market.

It is not about acquiring more or better method; it is more about strengthening your own Mind and Money Management.
Of course, "Gurus" made their money from course fees by emphasizing on the effectiveness of their Method; otherwise what is there for them to teach?

Mind and Money Management? 

Probably, the whole concept of Mind and Money Management can be covered in less than two to three hours. 

How much to charge? 
How to follow up with mentoring?

The more market cycles Uncle8888 has traveled through his time; the more it becomes ... 

Less Analyzing. More  Investing - CW8888

Keep your Goals on hand and close to your ear and face??? (2)

Read? Keep your Goals on hand and close to your ear and face???

Then it was the asset pyramid but the target has been achieved. 

So what next?

Now, re-focusing on the power of the cash flow. The other component of the wealth formula.
Wealth = Asset Value + Cash Flow

24 hours New Hawker Centre at Hougang Ave 9 at the CC

New place = Have to go and find out! Ha ha!

Order $5 Big Prawn and Bak Teh noodle for breakfast.

and pay by Kopitiam Card or Cash card?


Pay by ....

Saturday 26 September 2015

After A Few Market Cycles ... Did More Veterans Learn Something??? (2)


Since u predicted bear market/recession is coming.
why u didn't sell all your shares but holding 60%.

Read?  After A Few Market Cycles ... Did More Veterans Learnt Something???

Can Uncle8888 predict?

Of course, NO!

But, can he prepare?

Of course, YES!


How does he prepare?

Of course, he eats his own cooking!

His Wealth Formula:

Wealth = Asset Value + Cash Flow

When he is wrong he will collect his cash flow from his stock portfolio and his asset value will recover 

When he is right he will deploy his war chest and collect more cash flow from his stock portfolio and his asset value will one day recover even stronger.

Who can predict the market?

This veteran ----> One veteran sent me this note last night ... 

Another two veterans

Createwealth8888 till today can still remember clearly when two very experienced cyber investing kakis in the stock market who believed in their favourite and trusted Guru's view in Mar 2009 were congratulating themselves for staying very cash rich in Mar 2009. One was 90% cash and the other 100% cash!!! 


How To Make Long Term Investing Works For You???

Read? Does Long Term Investing Always Work?

Look closely at Uncle8888's Blog head banner when he started blogging on ...

Sunday, 19 November 2006


The journal begins ...


Today, I take the first small step to start this journal, hope that it will be fun after seeing my children blogging. So I am disputing my youngest son that I am not that old fashioned.

Coming to 9 years of blogging soon!

Hope many silent readers have benefited from these years of reading.

How to make long term investing works for you?

Some will think our success in investing could be due to luck and market timing.

Yes! For short term investing of less than one market cycle, Uncle8888 fully agreed it could be due to luck and market timing; but to survive and continue to build up your wealth substantially from the stock market over decades of several market cycles of bulls and bears.  It will require more than luck and market timing. 

You may be lucky to get into the stock market at the best market timing; but you may not make more money from your luck and the best market timing.

Here is the real people and true story ..

One office auntie who is also another silent reader here has mentioned she bought DBS @ $7.51 in Mar 2009. It was 2 cents lower than Uncle8888's DBS @ $7.53 bought during SARS crisis in Apr 2003. 

She only made small profit as she had sold her DBS way too early.

Her yield on investment cost for DBS @ $7.51 for holding SE Asian largest bank and strong brand is about 7.7%; but she has sold it for small profit.

How bad is 7.7% yield from a strong brand?

So what is the moral of the story?

The answer came from long long ago from this sifu ...

Read? Should our investing decisions be continuous struggle??? (3)

In the famous book entitled Reminiscences of a Stock Operator, Jessie Livermore said: “After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!

It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level, which should show the greatest profit.

And their experience invariably matched mine -- that is, they made no real money out of it.

I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.”

Men who can both be right and sit tight are uncommon.

For those who still strongly believe in luck and market timing for long term investing; there is something to learn from this office auntie's story. No?

So how to make long term investing works for you?

Like it or not!

Long term investing is still a Game of Strategies.

What are your investing strategies?

What is your Game Plan?

What are Uncle8888's investing strategies and his Game Plan?

All can be found in this blog; but it will require your time, effort and energy to discover them.

Self-discovery is your true learning. It is the same way Uncle8888 has done it. No free lunch! No paying $X,XXX for course fee either! 

Uncle8888 has learned it all free from the cyber world and NLB's book shelves.
Now, office auntie said she will be brave and strong in the next Bear market.

She has to prove it to herself!


Friday 25 September 2015

STI since 1990 : Mind her History???

Invest Like An Ant, Not A Grasshopper???

Good contribution from Ray Ng. Thank you!

























































CW88888: Grasshopper reaches FIRE (Financial Independence Retire Early) while Ants are still busy working and hoping to be re-employed till 67.

Follow Grasshopper or the large community of Ants?

Invest Like An Ant, Not A Grasshopper

Thursday 24 September 2015

Top Up CPF SA From CPF OA? Depending On Who You Ask! (6)

Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (5)

Be very very patient with CPF Investment Account while earning your 2.5% CAGR. Great STI Sales is definitely worth waiting for.

Read? Your CPF Investment Account : Uncle8888's foolish advice again!!! (4)

Uncle8888 loves his CPF Investment Account and still maintaining it after 55.


Wednesday 23 September 2015

DBS : Bought @ $16.98 for Round 20

Round 19: ROC +178%, 4,385 days, B $7.53 S $21.04
Round 18: ROC +144.7%, 2,174 days, B $8.27 S $20.31
Round 17: ROC - 31.1%, 232 days, B $24.20 S $16.80 
Round 16: ROC - 21.6%, 222 days, B $23.20 S $18.32
Round 15: ROC - 18.1%, 186 days, B $22.90 S $18.88
Round 14: ROC - 9.2%, 70 days, B $21.00 S $19.20
Round 13: ROC +9%, 65 days, B $20.50 S $22.50
Round 12: ROC +10.6%, 8 days, B $20.50 S $22.60

Total Return: 283% over 12 years or 11.8% CAGR!

Return money back to CPF OA

Monday 21 September 2015

Following someone investing idea? (2) : About time to do a refresh!

Tuesday, 31 May 2011


Read? Following someone investing idea? (2)

Another silent reader has been seriously reading past blog posts. The last silent reader who did was in Dec 2012!


I started reading your 1st blog post from 2006 since my first email to u n hope to improve my investing knowledge. Really alot info there although some posts i not quite understand. Read till Aug 2009 now, u said need to measure the CAGR. 

Good Morning Uncle,

I am one of the silent reader of your blog, can i learn DIY investing from you?

I started investing two years ago, my portfolio until now all red red because i just follow people buy and never do any homework. No strategies and plan action as newbie. When market drop last few days i also dont dare to buy, just hope my portfolio to breakeven later but it seems abit difficult.

Thanks in advance.

Some guru said " be greedy when others are fearful".
If like that, v should buy oil & gas stocks which are unloved now.  But hor, catch the falling knives very dangerous also.

See the portfolio drop quite alot, actually v should be patient right? But then when v should re- balance our portfolio? Read alot people cut loss to increase their cash balance. Think v shld sell when market is doing well, mayb should control our mind.

Read thru yr blogpost till Jul 2012, realised that v shld concentrate on local stocks and not REITs & Trust. bcos of the % payout & div yield. Since i have active employment, cash flow from div shld not be my main consideration of choosing stocks.

After consider the foreign currency risk, i plan to sell the foreign REITs & Trust which are denominated in IDR & Yen. So tht can gt back some money and deploy it when opportunity arise. 

Hope to change my habit of collecting losing positions.

Mind, Method & Money......need time to find out how to use it properly

Thx for the blogposts.....still in progress reading
CW8888's reply: Wow. You are among the rare few who took your precious time to slowly digest.
 Haha...bcos lose until need to find way improve my skill.

Went to seminar and workshop, they teach the calculations which i dont think is helpful. 

I like this quote

"Our initial big losses may actually be a blessing in disguise to prevent us from doing more foolish thing in the future."


SINGAPORE, September 21, 2015 – Sembcorp Industries (the Group) announces that its wholly-owned subsidiary, Sembcorp Environment, has signed an agreement to divest its 40% stake in SembSita Pacific Pte Ltd (SembSita) to 60% joint venture partner, Suez Environnement Asia (Suez), for a sale consideration of A$485 million. SembSita is an investment holding entity for an integrated waste management business in Australia.

This divestment will result in an expected net gain of approximately S$350 million* for the Group for the financial year ending December 31, 2015.

 CW8888: $0.15 dividend for 2015 should be there?

Commenting on the divestment, Sembcorp Industries Group President & CEO Tang Kin Fei said, “Since we first invested in SembSita in 2000 with Suez, the joint venture has grown significantly and become one of the leading integrated waste management players in Australia. Proceeds from its sale will provide us with additional resources to invest in businesses and markets with high growth potential, in line with our focus on the energy and water sectors.”

The divestment is subject to Foreign Investment Board Review approval in Australia, and is expected to be completed by the fourth quarter of 2015.

- END -

Sunday 20 September 2015

Top Up CPF SA From CPF OA? Depending On Who You Ask! (5)

Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (4)

Here not much theory but more hands-on experience!

This wealth formula from CW8888. Die die you must understand!

Wealth = Asset Value + Cash Flow

Trust but verify - SMOL

Verify. Verify. Verify till you fully understand the huge difference between Asset Value and Cash Flow.

Transfer from CPF OA to CPF SA?

Uncle8888 did it only once; but he couldn't really recall why he did it. Probably, at that time he could have been seduced by some sexy article somewhere on the magical 4% CAGR CPF SA compounding machine. But, the following year, probably after reading too many investment and finance books; and more hands-on practices in the stock market; he became wiser and was able to overcome the sexy temptation of magical 4% CAGR CPF SA and not getting himself locked more into this One Way Traffic.

Wealth formula again!

Wealth = Asset Value + Cash Flow

Topping up CPF SA is nice and risk free compounding; but it only has asset value with cash flow locked till 65.  For the younger CPF members they may see locking up to 67 or more.

From 55 to 65; asset richer but no cash flow from this richer asset. Shiok?

Looking back; Uncle8888 was happy for not topping more into his CPF SA from CPF OA; otherwise he could have joined the two jokers to shout for Return Our CPF!

He was personally affected by the shifting goal post from 55 to 60, 60 to 62, and then 62 to 65!

Imagine he was happily topping every year to his CPF SA and expecting to receive his cash flow at 60 but the goal post was shifted to 62 and then shifted again to 65 before he reaches 55. Tua Tulan! Right?
No. Uncle8888 didn't tulan as he didn't put more. Now with a bigger lump sum in his CPF OA; after 55 at his own time and own target once a year he can decide how much cash flow he wishes to withdraw to spend or invest for higher yield when Mr. Market presents him the rare opportunity.

Compounding asset is wonderful; but cash flow is indispensable when we seriously need them.

People top up their CPF SA. You top up?

People has plenty of liquidity. You also have?

Can anyhow follow?




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