Top Up CPF SA From CPF OA? Depending On Who You Ask! (9)

Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (8) Financially, psychologically, emotionally, responsibly married couples with dependents have to think and must consider their options differently. Matured and confirmed Singles may only need to secure their own retirement future. They will have less uncertainties and probabilities ahead of them. But, as married couples with … [Read more...]

The Difference Between Smart Financial Advice and Smart Financial Advice For You (5)

Read? The Difference Between Smart Financial Advice and Smart Financial Advice For You (4) Do we know that all these topping up of our CPF Accounts with our "excess" Cash is no different from selling options to Big Daddy and collect one time premiums of $XXX to $X,XXX with maturity date at 55, 62, 65 (soon 67)? Great deals??? For those younger folks who have few dependents; it is going to … [Read more...]

Goals Setting And Into Maintenance Mode

Uncle8888 after some years without IPPT; he slacked into Italy for a long time; but he set his Goal to kick Italy out of world cup with 5 Km, 10 Km and 15 Km jog. After several attempts of consistent 15 Km  jog; he knew that he has entered into maintenance mode. Even with a few weeks of slack; he could easily get back into shape of to reach that 15 Km after a few attempts. This is what … [Read more...]

No More Earned Income From Human Asset. It Is All About Sustainable Retirement Income For Life Till 2038 (2)

Read? No More Earned Income From Human Asset. It Is All About Sustainable Retirement Income For Life Till 2038 Uncle8888 still prefers worry-LESS over market cycles retirement income strategy even though he has 17 years of active investing experience in the stock market. Yes! He is savvy retail investor; but not Auntie8888. One day; he will not be around to invest so his money will have to … [Read more...]

Rental income may not be enough to service the loans; bonds flagged as another concern

Read? Rental income may not be enough to service the loans; bonds flagged as another concern .......... MAS noted, however, that on the whole, households here have an "ample financial buffer" to weather the stress of soft economic and labour market conditions. Still, it warned that as slower growth weighs on earnings, some households might find it harder to service their debts, especially … [Read more...]

Three Months After Not Doing Anything To Increase GDP As Jobless Man!

Read? Two Months After Not Doing Anything To Increase GDP As Jobless Man! The top two questions so far .... For those he has bumped into them but they are not CW8888 Blog's  readers; the top two questions from them when they knew that he has retired are .. (1) How do you pass your time? Watch TV? (2) Doing any part-time job? Up till now; Uncle8888 has not watched any single TV drama … [Read more...]

Full Year 2016 Investment Performance Report

Read? Q3 2016 Investment Performance Report A Goal-based Approach Investing Strategy Uncle8888 has adopted a Goal-based Approach investing strategy by setting for himself a 10-year progressive Goal Targets to be achieved for each year from2012 to 2021. Our investing journey is not Horse Race or Rat Race where we compete against others.  No! It is our investment Marathon Race where we set … [Read more...]

One Of The Financial Goals You Should Stop Aiming For In 2017???

After reading somewhere in the Cyber world; huh! So far; Uncle8888 hasn't met any retail investors who are still in the stock market and have admitted that they can't beat CPF OA interest rate of 2.5% CAGR. For his generation of seniors in their late 50s and 60s who have admitted; they have chopped their fingers and move on and never touch the stock market again. Real People. Real … [Read more...]

Frugality, Time, And Money??? (2)

Depending on which finance and investment bloggers you ask? Uncle8888 has recently tobang this brand new Audi Q5 home a few times. Why buy a new Audi Q5 when Audi's owner is going to retire soon on official retirement age? Not frugal? Not financially savvy? Actually; he wanted to buy a cheaper one; but his wife told him to get the Audi. She told him off. Do you want to bring your money … [Read more...]

Cash: A Call Option With No Expiration Date???

Golden Rabbit  26 December 2016 at 08:29:00 GMT+8 Can we look at cash rotting in the bank as a "separate" asset investment from stock portfolio? Cash: A Call Option With No Expiration Date. Hmm .... For those with earned income; cash as a call option with no expiration will not have any significant impact even over prolong market cycle; but for those retirees like Uncle8888 who is … [Read more...]

Measuring Our Investment Portfolio? (2)

Read? Measuring Our Investment Portfolio? Why measure as closely as possible to commonly accepted measuring methodology? This is to indicate to ourselves that we are active or DIY retail investors/traders who are continuously looking to revise our strategies and methods to achieve better performance than investing in some ETFs or Funds or doing CPF Top Up; otherwise why waste our time, … [Read more...]

Earn More and Save More; BUT ….

Uncle8888 is in the camp of earn more; BUT ..... Sometime, we are NOT in control of our body even our mind is very focus and determined to succeed by enhancing our human asset to earn more. BUT; the sad truth is bad thing happened. It may happen earlier than expected to throw out our dream of becoming who we wanted to be. That is Life! A timeline picture tells his lifetime story of his human … [Read more...]

Turning 55 – and enjoying financial freedom (2)

Trust but verify - SMOL Writers may write about their own personal experience and that personal experience is right or applicable to them on that particular circumstance so we trust but verify so Uncle8888 has visited CPF Bishan branch office to verify directly from the Horse's mouth. CPF : What can I do for you? CW: I want to check my housing loan refund. CPF: Your IC please. CPF: … [Read more...]

Turning 55 – and enjoying financial freedom

....  Some of the happiest middle-aged people I have encountered are those who have planned creatively for other options later in life...  But it is the way they manage their finances that intrigues me. Rather than continue to accumulate assets, their chief priority is to preserve whatever they possess and allow the magic of compounding to grow their assets. Reflecting on their experience, one … [Read more...]

Our Last 20 to 30 Years May Not Be What We Expect When We Are Delaying Our Gratifications To Our Future

Since Uncle8888 has plenty of free time and no additional transportation cost; he can easily travel to anywhere in Singapore including JB without having to blink his eyes on transportation cost to jio them for kopi. After meeting a few senior folks; he came to realize about this delay gratifications and not doing what we have wished to do but we choose to delay it for the sake for delay … [Read more...]

Health And Retirement

Yesterday, when Uncle8888 reached 10 Miles Junction and jio his ex-colleague down for kopi O kosong. He realized that not all of us are looking forward to retirement. His ex-colleague of 61 who may have to retire at 62 next year as he foresees slim chance of getting re-employment due to his poor medical condition. For the past three years; his medical bills reimbursement for specialist … [Read more...]

Option trading As Passive Income is still Hot!!!

When market is never of short of Bei Kambing. There will be instruments, platform and courses available for bei kambing! Greed will lead to stupidity! Read?  Police warn of rise in online scams involving binary options; over $1 million lost to unregulated trading platforms While binary options trading is attractive as it sounds simple and there are often promises of high, quick and … [Read more...]

Financial Independence : Withdrawal??? Passive Income > Living Expenses???

Financial independence? How many investment bloggers got it practically right? Many of them has failed to recognize this and THIS itself will screw up your withdrawal plan in big way? Where is your money for SOME upfront payment? Read? healthcare insurance Quote : "At best, if you have private healthcare insurance and intend to make use of the private hospitals or approved … [Read more...]

The Difference Between Smart Financial Advice and Smart Financial Advice For You (3)

Read? The Difference Between Smart Financial Advice and Smart Financial Advice For You (2) Net Worth and Cash Flow? Rich Assets and Good Assets? Big Fat Purse and Small Thin Wallet? Single and Married with kid(s)? Our parents are asset or liabilities Not same hor! Net Worth and Cash Flow : The difference is in its details Government has provided nice incentives for us to … [Read more...]

Cut Losses And Account Blow Up Where Successful Retail Investors Don’t See Eye To Eye To Successful Retail Traders.

Read? Positioning Size and Risk Comfort Level Where Successful Retail Investors Don't See Eye To Eye To Successful Retail Traders Often quoted by retail traders : Painful margin calls and account blow up. No successful retail traders for cash flow/living are not in leveraged instruments. Leverage is a double-edged sword; you can potentially lose more than expected and blow up your account. … [Read more...]