By now, Uncle8888 has read enough of postings in the investment blogosphere by personal investment bloggers; most of these investment bloggers still prefer to take the stronger saver approach to ensure safety and certainty of compounding interests provided by CPF. Thumb up to Big Daddy for this CPF Top Up scheme!
Personal investing as retail investor can be tougher than you initially thought of it as wealth building. Create wealth from the market? Anyone? Market cycles of volatility can cause illusion of paper gains but real heart pain on paper losses.
So it is not easy to beat compounding interests of 2.5% and 4% in CPF! How about those ordinary retail investors in the street; it is even harder for them without putting much time and effort in their investment approach unlike these personal investment bloggers?
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2041 @ 85 yrs old.
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