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!
The Secret to Surviving the Bear Market
-
Here’s what you need to know on how to survive the potential bear market
today. I’ll never forget this chat. It was March 2020, just before
Singapore’s C...
7 hours 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. :)