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

Thursday 2 June 2022

CPF OA Investment Account that 35% ceiling sucks???

From Forum : " CPF OA Investment Account (that 35% ceiling sucks, only can buy every 11/12th of the month"

Uncle8888 smiled!

Monday, 29 March 2010

Read?? Resident wants ban on CPF cash for investments  He was 59 yrs old in 2010 so he kena from GFC with 35% cap on CPFIS!

Read? Do You Know Any Mederka Generation Relatives Who Don't Talk About Market Any More???

Read? Save more than 60%. No need to invest??? (5)

Read? Who Are CPF Members Who Lost Their Money???

Read? Luckily, Me in Merdeka Generation Didn't Start Younger To Invest/Speculate in My 30s During 1990s

Factually; CPF OA 65% at 2.5 % CAGR nd 35% CPFIS is already a good bond-like/stocks allocation liao!

If we are good at investing; 35% CPFIS can do wonder!

Read? Your CPF is like a Schizophrenic Prostitute. Do You Know How To Have Great Sex With This Schizophrenic Prostitute ???






































Posted by Createwealth8888 at 08:33

2 comments:

  1. Singapore Man of Leisure2 June 2022 at 09:20:00 GMT+8

    CW,

    LOL!

    No need use old fogey Merdeka Generation examples. Today we have quite a few examples from youths who just discovered "gravity" this year 2022 for the very first time...

    Cash is rotting in the bank when what you invested in is only going up!

    How many would go Hong Lim Park to protest today, if CPFIS had allowed them to "invest" in cryptos or have no caps or limits on individual stocks/funds/ETFs using CPFIS prior to 2022?

    Then again, I must compliment youths of today. Most of them are taking their lumps of coal like warriors.

    Most are not complaining or blaming others. No denial. Very refreshing to read the majority have acknowledged its their GREED.

    These youths (those who survived) will do fine for the next bull/bear cycle. However, this time as "veterans", they will lose their edge over tomorrow's youths - they now know what to do...

    Risk management is a drag on investment returns :(

    ReplyDelete
  2. Spur2 June 2022 at 17:35:00 GMT+8

    Uncle8888,

    The kuai lan will tell them ... you already have 80% of your salary to play stocks. 20% is for cpf & housing. If 80% you still can't FI then even if let you use SA and Medisave to buy stocks also CMI lol.

    Everytime when risk assets crash, people will revisit risk mgmt, value investing, low-volatility, Buffett-approach etc.

    SSBs will be doing roaring business for rest of this year... better than CPF interest lol.

    And now they are presenting: High risk, low returns; low risk, higher returns.

    150 years of data ... winning by losing less.

    One interesting observation is that before the setup of the SEC in 1933 & stock market regulations, it didn't pay to invest in riskier stocks at all, when the stock market was basically a wild west cowboy town.

    Hence the ancient adage of upper SES people investing in bonds & property, while lower SES people trying to hit lottery wins & get rich quick went into stocks!

    ReplyDelete

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