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!


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Thursday, 28 February 2019

Market decline drags CPFIS-included funds into losses in 2018

FUNDS included in the CPF Investment Scheme (CPFIS) posted losses in 2018, pulled down by a sharp downdraft in global markets towards the end of the year.

CW8888: We are still in Bull Run phase. No worry!



4 comments:

  1. Hmmm, so if just buy & hold from the beginning of 2011.

    Annual returns of: -10%, +10%, +10%, +7%, 0%, +5%, +15%, -10%

    Over 8 years will be 26%-27% gains.

    That's about 3% CAGR ... less than SA.

    ReplyDelete
    Replies
    1. Hmm... Top up SA! Hurry up and let compounding interest works its wonder. :-)

      Delete
    2. Spur,

      Shhh!!!!

      If everyone all put their money in CPF, who will support our fund management industry?

      That will defeat the creation of CPFIS in the first place...

      No wonder Mr shining head says CPFIS is "not fit for purpose" :(


      Delete
  2. Haiz.... CPF should be educated to just put into index funds & forget about it. The only available index funds in S'pore are not CPFIS approved, only for SRS.

    My preference has always been the global index. But for the past 8 years, the CAGR has only been 7.8% in SGD terms.

    The S&P500 index fund has returned 11% CAGR over the past 8 years. If you believe in mean reversion though, the next 8 years may not be so rosy for the S&P500. :)

    ReplyDelete

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