Suspected that when market recovered from 2009; some CPF members may say "heng"; sold and refund to CPF OA to earn 2.5% compound interests
Quote : "Can also interpret as the proverbail "Retailer Investors" of Buy High Sell Low psychology?Even though they read umpteen times of "Buy Low, Sell High"."Seen for yourself? The Tragic Liberalization of the CPF Investment Schemes My purpose of writing this article is to proof that investors always invest at the peak and never at the bottom of the market.
Hard to be retail investors :-(
For CPF, just invest during recession when STI has fallen over 40%. :)Anyway for CPFOA, most people below 50 are already maxing it out for property. LOL!
Suspected that when market recovered from 2009; some CPF members may say "heng"; sold and refund to CPF OA to earn 2.5% compound interests
ReplyDeleteQuote : "Can also interpret as the proverbail "Retailer Investors" of Buy High Sell Low psychology?
ReplyDeleteEven though they read umpteen times of "Buy Low, Sell High"."
Seen for yourself? The Tragic Liberalization of the CPF Investment Schemes
My purpose of writing this article is to proof that investors always invest at the peak and never at the bottom of the market.
Hard to be retail investors :-(
ReplyDeleteFor CPF, just invest during recession when STI has fallen over 40%. :)
ReplyDeleteAnyway for CPFOA, most people below 50 are already maxing it out for property. LOL!