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



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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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Sunday, 7 August 2016

CPF OA is just 2.5% BUT it doesn't mean that you as an retail can easily beat it. Stop believing all those stuff you read in the Cyber world on Compounding Effect



 
 
 
 
 
 
Read? Your CPF Investment Account : Uncle8888's foolish advice!!!
 
 
Uncle8888's foolish thinking and foolish method of growing through his year-on-year CPF contributions from his Human Asset and use CPFIS only when market crashes as the last resort after depleting available cash for investing.
 
 
 
 
Posted by Createwealth8888 at 09:36
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7 comments:

  1. Singapore Man of Leisure7 August 2016 at 10:16:00 GMT+8

    CW,

    It's humbling, yet I can't deny it does feel good to know that you and I belong to the 16% ;)


    Its never about gloating or ego.

    These little affirmations are mere markers telling me I can, and should, continue on my path of craftsmanship.


    It's performance based; using actual track records.

    Not hope based; and using excel file extrapolations.


    2.5% is not a high hurdle rate by any means. If we can't beat it, there's no business in us doing it full time. And more critically, actively in DIY investing/trading.


    Most people are quick to admit - I can't dance, can't sing, or can't give speeches in front of people.

    But when it comes to investing/trading, no worries! I can do it!

    ???

    ReplyDelete
  2. RayNg7 August 2016 at 10:24:00 GMT+8

    CW,

    Fantastic 14.4% CAGR of CPFOA.

    Can you explain a bit more on that. Does it include all the contribution or just investment alone.

    ReplyDelete
    Replies
    1. Createwealth88887 August 2016 at 10:46:00 GMT+8

      foolish thinking and foolish method of growing through his year-on-year CPF contributions from his Human Asset and use CPFIS only when market crashes as the last resort after depleting available cash for investing.


      Delete
    2. Createwealth88887 August 2016 at 10:49:00 GMT+8

      use CPFIS only when market crashes as the last resort after depleting available cash for investing.

      The above method is more likely that we will be buying NEARER to market BOTTOM than NEARER to TOP.

      Delete
  3. RayNg7 August 2016 at 11:08:00 GMT+8

    LOL... foolish thinking got foolish luck!

    Cheer!

    ReplyDelete
  4. SMK7 August 2016 at 11:09:00 GMT+8

    Just lapped cpf oa again this past week.
    Not hao lian. Just encouragement for people to learn. Put in some work.

    ReplyDelete

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