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!


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.

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Value Investing
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Sunday, 16 February 2020

Becoming Successful CPFIS DIY Retail Investors???

 Our CPF OA 

The Ordinary Wage (OW) Ceiling limits the amount of OW that would attract CPF contributions. The OW Ceiling is capped at $6,000 currently. For example, if an employee’s OW for a calendar month is $6,500, his CPF contribution would be computed based on an OW of $6,000; CPF contribution is not required on the remaining $500.

Read? CPF Contribution and Allocation Rates


Median Income in Singapore

Read? Income growth slows in Singapore; median salary now above S$4,500: MOM report

Read? ​Summary Table: Income

The nominal median income of Singapore residents on full-time employment increased this year to S$4,563 from the S$4,437 recorded in 2018, the Ministry of Manpower (MOM) report said.


How big is our CPFIS as war chest for market timing for the next few STI crashes?

Assuming $6K monthly CPF cap and 2 months bonus i.e. total 14 months of CPF OA and 35% of CPFOA to grow CPFIS as war chest.




















From the numbers,  it seen that most of us may not have high 6 digits in CPFIS as war chest.

So what is the other strategy to deploy our CPFIS fund into the SGX other than investing in managed fund as retail investor?

Read? Relating to CPFIS


2 comments:

  1. Uncle8888,

    When there's major recession, even putting all available CPF-OA into high cost UTs can still get triple digit returns over 1-2 years. A big bear market is when it's actually feasible to put even CPF-SA into one of those balanced UTs! (sell & refund back to SA after 1 year of recovery though) 😉

    ReplyDelete
    Replies
    1. Unfortunately; for those in their 30s or early 40s this wait has been far too long! Sianz and then give up!

      Delete

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