As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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

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Sunday, 11 April 2021

SundayTimes : Use Cash, not CPF if you want to invest

Nowadays;  more and more Fund Managers are thinking on ways to fatten their commissions or AUM/AUA fees by telling you investing CPF fund is so easy and PASSIVE! Show you the fund performance! Bom pi pi return as we are still in secular Bull Run since 2009 GFC!

Uncle8888 fully agreed! Read this? Your CPF Investment Account : Uncle8888's foolish advice again!!! (5)

Proved to yourself that you can consistently perform better than CPFIS 2.5% CAGR interests growth with your cash investment before touching your CPFIS!

CPF money is paper money before 55; but when you reach 55 this or next year you smile. CPF OA 2.5% is currently the best FD without any lock up period. Anytime you want to withdraw interests to spend freely; CPF can PayNow! Within 15 sec! Money into your pocket now! Hee Hee!

 

Read? Posts relating to CPFIS

9 comments:

  1. I do invest in SG bank stocks and Reits using CPF OA, after setting aside ERS for the prevailing years.

    ReplyDelete
  2. Since day one from 1987/8 my CPF's OA is used only as nuclear bombs during a bear market after conventional weapons are spent.

    It is also use (quite rare)) as Hypersonic bombs when "It Probably Overprice" seems to be very, very hot.

    Even very, very hot, still no guarantee one-if U dare lol!

    ReplyDelete
  3. Since day one from 1987/8 my CPF's OA is used only as nuclear bombs during a bear market after conventional weapons are spent.

    It is also use (quite rare)) as Hypersonic bombs when "It Probably Overprice" seems to be very, very hot.

    Even very, very hot, still no guarantee one-if U dare lol!

    ReplyDelete
  4. Uncle 8888

    Now for ut, cannot sales charge for cpfis liao,and if fa wants earn can only through wrap and up to 0.4% annual wrap fee nia. Very the bo hua for them.

    ReplyDelete
  5. CPF OA should be for housing and then maybe keep several months of amount inside it and don't touch in case loose job. If housing finish paying, then CPF OA can be seen as a separate portfolio by itself. Meaning, 30% untouch, 30% gold and silver, 40% stocks? Or 50% untouch 50% invest... up to individual!

    2.5% is still lower than normal investment, although it is confirmed return 2.5%.

    ReplyDelete
  6. i just used cpfis for dbs during the covid downturn and had sold and refund back to my cpf oa already

    ReplyDelete
  7. There will be always cases where people who used their OA money to invest and made better than 2.5% returns or even the 4% that SA gives. Thats why there will be always be the temptation for other CPF members to follow and take the chance especially now that you have a platform that allows CPF members to invest in the global market.

    I have never used my CPF money for stocks investment but for property. In my younger days, I took out as much of my OA money as I could to purchase property.

    But I returned all that money including accrued interest to my CPF when I was 55. Investing in property in that period turned out to be a lucrative move. Not sure if it still is nowadays with the slew of cooling measures.

    Now together with my wife, we are 3M60 (using the lingo coined by Mr Loo), and it will be our main pillar to provide us passive income to sustain our retirement.

    ReplyDelete
  8. My time even 2 bites of the 🍒
    of HDB. flat will definitely make💰

    ii took less than 2 bites imo because my 1st bite was only 3 room HDB😂

    ReplyDelete
  9. For the Merdeka generation, if lucky, property certainly gave returns many times higher than keeping money in CPF, notwithstanding CPF% then were much higher than current 2.5%/4.0%. My top 3 investment returns were all in property, my current resident in absolute term (100% 1995/2021,or annualised 3.85%).
    In % term,my previous resident (330% between 1986/1995 or annualised 36.7%) and NZ apartment(1,100% over 26 years, or annualised 42.3% on cash down payment, with rentals take care of balance and much more.

    Singapore unlikely to see similar explosive GDP + population growth in future as that occurred between 1980/2000. Poperty investment now likely to give return similar to GDP & population growth (annualised 3%~4%). Higher return opportunity might still exist if buy during a severe downturn, either in Singapore or overseas. Bought a student accomodation in UK in 2010 after GFC when they were cash strapped & need to market property in Singapore. Sold 3 years later at 50% gain.

    Parking money in CPF (especially SA or RA) could be a better bet now.

    ReplyDelete

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