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.

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 10 October 2020

Investing Your CPFIS - Not So Easy!

Read?  New CPFIS fee caps should mean better investment outcomes


Over $27B in 2008 and under $17B in Q2 2020. 

A drastic drop of more than 37% despites CPF member balances have grown significantly!

Probably; more and more CPFIS investors learnt through hard investing lesson. It is NOT easy to beat 2.5% compounding interests over market cycles!

Read? What you will never hear at any investment seminars?




8 comments:

  1. Of my 3 accounts, SRS, cash and CPF.

    CPF seems to be doing the best because it is only fired after cash, after SRS

    ReplyDelete
    Replies
    1. Let see we can have more data points on cash, SRS and CPFIs here.

      Delete
  2. Reasons for drastic drop of more than 37% in CPFIS
    - Poor investment performance
    - CHEAPER AND BETTER alternatives such as index funds/ETFs
    - Easier access to unbiased advice on internet such as investment community forums, objective financial blogs with no snake-oil agenda. One example is https://createwealth8888.blogspot.com :)

    ReplyDelete
  3. Hi Uncle8888,

    Not easy to beat 2.5% CPF rate as stomach is weaker than the brain.

    Take the following possible CPFIS fund as an example. Even if suay suay invested at the peak in Oct 2007, the CAGR till today is still 6%. Over the last 10 years the CAGR is 10%.

    It looks easy on hindsight, but many would have sold & bailed on many occasions e.g. GFC, 2012 Euro Crisis, 2015 China/oil crash, 2018 Trade war, 2020 Covid etc.

    My wife & I are invested in a similar fund. Unfortunately the returns are slightly less spectacular but also less volatile. Our stomachs cannot tahan!

    ReplyDelete
    Replies
    1. Hmm .. not easy to be investors as need both strong brain and stomach.

      Delete
  4. We have never used our CPF money for shares investment. So, cannot comment on the CPFIS. However, we used almost all our OA money for property investment until at one point, I had only $7,000 left in my OA when I was in my 40s.

    Now, closer to 60, we have since returned all the money used for property back to our CPF OA. At this point in our life (strolling down the mountain), we are happy just to receive the OA 2.5% interest and SA 4% interest from Ah Gong yearly. That adds up to a tidy sum of $55,000 last year combined for the misses and me - no Mr Market risk. Looking forward to this year's post Christmas gift from Ah Gong!

    ReplyDelete
  5. I took the opportunity use CPF OA to accumulate bank stocks since March Covid19 for a longer term of 10 years.

    ReplyDelete
  6. Please beware there are many fake cryptocurrrency investment platforms out there, I got scammed twice before I met a genius hacker who helped retrieve my bitcoin. The whole plan was so smooth I could not doubt it. Bitcoin is actually a great investment option but one thing I discovered over time is that it is not possible to mine bitcoin so don’t be deceived. I invested 15BTC on a particular website called FoxBtc, I monitored the profit yielding but got locked out of the account before I could withdraw. I went online and met this recovery expert at recoverywealthnow360 on google mail who helped me retrieve my bitcoins back in few hours. He saved my life , he can save yours.

    ReplyDelete

Related Posts with Thumbnails