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 14 September 2016

Government to review CPF Investment Scheme: DPM Tharman

CW8888: So you think after reading some investment blogs, some investment books, some online investment articles, attending some free investing preview seminars or value investing course; you are on your way to do better than CPF OA 2.5% CAGR?

Who are these CPF members in lesser 20% who manage to beat CPF OA 2.5% CAGR over past 10 years and what it takes for them to outperform?

One of them is definitely not value investor by theory or concept. LOL!

Read? 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

SINGAPORE - The Government will review the Central Provident Fund Investment Scheme (CPFIS), Deputy Prime Minister Tharman Shanmugaratnam said on Tuesday (Sept 13), taking up a recommendation proposed by an advisory panel early last month.

The CPFIS was set up to offer CPF members a way to earn higher returns on their savings but it is "not fit for purpose", Mr Tharman told an audience at the Economic Society of Singapore's annual dinner.

Over the past 10 years, more than 80 per cent of the CPF members who put their savings into an investment product via the CPFIS would have been better off just leaving their money in the Ordinary Account, which earns a guaranteed 2.5 per cent each year, Mr Tharman noted.

Some 45 per cent of those who made use of the CPFIS even made losses over the same period.

In its second and final set of proposals to the Government last month, the CPF Advisory Panel, which had been tasked to recommend ways to improve the CPF system, had mentioned a need for the CPFIS to be reviewed.
And indeed the Ministry of Manpower will do so, Mr Tharman said on Tuesday.

This is in line with one of the priorities the Government will have to focus on to take the CPF system into the future, he said - providing a convenient option for those with more than the basic CPF savings levels to earn higher returns.


  1. Just thinking ...

    "Not fit for the purpose"? Mmm... Can we ask GIC to set up an investment funds for CPFIS so that we can invest together to attain higher return? Temasek returns CAGR is > 6% over 10 yr.

  2. Thought Temasek bond is available to retail. No?

    1. Bond has dividend but no potential capital gain.

    2. The 10 yr SGS yield is below 2.5%. After all the commission and bank charges (which i think government should help to reduce), left with 1%.

    3. The 10 yr SGS yield is below 2.5%. After all the commission and bank charges (which i think government should help to reduce), left with 1%.


Related Posts with Thumbnails