Recently, DPM Tharman had said that a review will be done on the CPF Investment Scheme (CPFIS). Bascially, what he said is that most investors made losses and earned less than 2.5% investing under the scheme, thus calling the CPFIS “not fit for purpose”. He said that the government will work to “tighten up on it [while moving] towards introducing a simple, aggregated, low-cost investment option".

I must admit that it is difficult to invest successfully under CPFIS in its current form. But it doesn't mean that you cannot be successful under CPFIS. You just need to put in an extra effort to make it happen. I have been investing under CPFIS for more than 10 years and therefore I know its difficulties and pitfalls. Below are some of the tips that I could share for one to be successful under CPFIS:

1. You need to have both stock/ETF and unit trust investing skills. ...