As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Saturday, 9 March 2019

How Soon Should You Start Investing Your CPFIS And SRS?


We often hear from those "Gurus" or commercially vested bloggers. Start early and let compounding works wonder for you!

Chun bo?

Here in this blog, Uncle8888 will share with you what real life retail investors had shared with him.

In the investment blogophere; you are most likely to hear successful investing stories or how much dividend income they are receiving. Oh! How tough can it be?

Very seldom do we hear about pain in the ass on their real life investing experience on the ground.


One more real life story:

Saving pennies on his tax relief in SRS; but losing dollars in investing his SRS.

He is not happy with CPF OA 2.5% compound interests; but losing X times 2.5% negtive compounding return in his CPFIS.

Six years into investing his SRS and CPFIS; and also he has spent his time and effort reading many investment books and daily visits to investing forum e.g. currently IN (Hmm.. it is more like TN) to improve his investing knowledge and skill

You can judge for yourself.

Investing is tough as we will never believe that we can lose so much when we started investing. Right?

Read? Minimum You Have To Go Through One Full Market Cycle: Bull-Bear-Bull or Bear-Bull-Bear. If Not Don't Talk Too Loud!

Investing your CPFIS is even tougher. Why not happy with compounding interests of 2.5%?








3 comments:

  1. I say it before, CPF's OA not to mention SA and what is SRS?, is to use like a Nuclear Bomb in the stock market.

    I have been doing this way since I started investing.

    Exception is when once in a blue moon i use it as NB in IPOs too.

    YMMV.

    ReplyDelete

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