As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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, 29 December 2016

One Of The Financial Goals You Should Stop Aiming For In 2017???

After reading somewhere in the Cyber world; huh!

So far; Uncle8888 hasn't met any retail investors who are still in the stock market and have admitted that they can't beat CPF OA interest rate of 2.5% CAGR. 

For his generation of seniors in their late 50s and 60s who have admitted; they have chopped their fingers and move on and never touch the stock market again.

Real People. Real outstanding HDB loan.

One ex-colleague who sat in his same ex-office has lost so much cash & CPFIS fund during AFC. At last known, he still have several years of HDB loan to pay off. He couldn't met his minimum sum requirement and CPF automatically pledged 50% of his 5-rm HDB flat.

Every retail investors believe they will become above average retail investors when they are working hard at acquiring more financial knowledge and improving their investing skills; but where do the winners get their wealth from?

Read? Where Does The Money In The Stock Market Come From? (Time for a fresh as it is timeless!)

4 Aiming For Zero Debt

It’s normal to think that being debt-free should be a key financial goal. Who doesn’t want to own a home that is fully paid for already?

Yet at the same time, clearing your home loan prematurely may not necessarily be the best use of your money. A HDB loan charges an interest rate of 2.6% per annum, a mere 0.1% higher than the base interest rate given by the CPF Ordinary Account. Other bank loans may charge a lower interest.

Instead of clearing his loan, an investor may be better off making his money work harder through investing. If an investor can earn a return that is higher than 2.6%, or whatever the interest on his home loan may be, then it makes more sense to invest rather than to clear his debt.


  1. CW,

    The way some people give financial advice maciam durians bao chiak ones.

    As if investing always sure win?

    If so confident, why don't they give the guarantee they will make it whole to anyone who made losses listening to them?

    Instead, we get disclaimers like:

    Past result is no indication of future performance... (Then why show it?)

    And this one lagi best:

    I am unapproved, uncertified, non-professional, and 100% pure amateur. Feel free to subscribe and follow me. But if you wish to put real money on the table, please consult a true professional - ideally someone with a fiduciary relationship with you.

    OK, I made it up. But that's the "essence" of all those disclaimers you see in most websites ;)

    Its another way of saying I only interested to "monetise" off you; you die not my problem!

    1. Writing for revenues/incentives and writing for sharing purpose or fun is vastly different. After reading some convincing articles that telling us to act; we should seriously think over what is there in it for the writers and us?

  2. Ha! Ha!
    CPFIS CPF funds are only allowed to buy CPF approved stocks or ETFs, how come still no guarantee leh?

    1. Even CPF Life big daddy dare not give a guarantee...

      Which I respect.

      That means they are honest.

      Promises anyone and everyone can give ;)

    2. CPF approved stocks are not equal to CPF endorsed or recommended. Guess many CPF members still confused.

  3. Is there a big difference in between CPF approved and endorsed?


    1. We may like to see examples like TV ads. All TV Ads are approved but the difference in those Ads that are endorsed by celebrities. Same as hawker food. All are approved and licensed; but those are endorsed by food bloggers are way ahead of others :-)


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