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!
【暴雨】天文台發出黃雨警告 新界北過去一小時雨勢大 – 香港經濟日報 – TOPick – 新聞 – 社會
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【0735】天文台發出黃色暴雨警告。雷達圖可見,目前雨區影響新界北為主,而廣東省雨區範圍廣闊。【0705】天文台預警,未來兩三小時本港受雷雨區影響。廣東省緊急管理廳、自然資源廳、氣象局提醒,4月20至
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37 minutes ago
Hmmm, so if just buy & hold from the beginning of 2011.
ReplyDeleteAnnual 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.
Hmm... Top up SA! Hurry up and let compounding interest works its wonder. :-)
DeleteSpur,
DeleteShhh!!!!
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" :(
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.
ReplyDeleteMy 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. :)