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%?
Posts
Simi is TN? Talking Nonsense? LOL!
ReplyDelete:-)
DeleteI 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.
ReplyDeleteI 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.