Author: Create Wealth Through Long-Term Investing and Short-Term Trading

Singaporeans victims in Australian Ponzi scam

Read? Singaporeans victims in Australian Ponzi scam The scheme had 981 investors from Singapore, 651 from Malaysia, 58 from Britain, 17 from continental Europe and 31 from Australia Many Singapore victims The Straits Times spoke to were retirees, like Mr Chan, who declined to have their identities disclosed. Mr Chan had put in $20,000 in 2015 through Singapore-based Macro Realty Developments. Funds were collected from investors over four payments in 2015 . CW8888: This is how Yield Pigs were slaughtered and many more yield pigs are waiting eagerly to be slaughtered. Blame Government for not doing enough to educate yield...

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One Year After Retirement From Full-time Job As Employee

Read? Six Months After Not Doing Anything To Increase GDP As Jobless Man! (3) Immediately after his retirement on 30 Sep 2016; he followed up with routines to ensure he passed through the initial few months with actions and NOT by idleness and laziness. Read? Complete walking one round the coast of Singapore and complete jogging all the Park connectors of Singapore Somehow; one day on 15 may 2017; he received an offer for 8 HWW (Hours Work Week). A simple job with plenty of walking exercise on every Mondays and Thursday (any time from 11 AM to 6 PM to complete...

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More CPF investors beat guranteed risk-free returns in fiscal 2016

Read? More CPF investors beat guranteed risk-free returns in fiscal 2016 MORE CPF members who invested their savings in their ordinary account (OA) under the Central Provident Fund Investment Scheme (CPFIS) outperformed the guaranteed annual 2.5 per cent interest rate per annum in fiscal year 2016. Some 78 per cent of active CPF investment account holders or 441,000 members achieved profits larger than 2.5 per cent in the 12 months to Sept 30, 2016 as equity markets recovered from the 2015 rut. Some 12 per cent or 66,000 active CPF investors incurred losses on their investments. This was a marked improvement from the preceding fiscal...

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What has been your best investment?

Uncle8888 was flipping the pages of SundayTimes at NLB when he came to read on ME & MY MONEY. Vicom was one “Guru” stock pick. BreadTalk was the other late “Guru” stock pick. He was very curious to know what was or is that multi-bagger stock pick by this value investing “Guru”. But, he was shocked, arh and walau at the answer! When he recovered from the initial shock; he thinks deeper why like that! Yeap! “Guru” was right! He is actually running a training school business making much more money than investment return from personal financial investment from stocks...

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One Uncommon Way To Top Up CPF OA Through CPFIS

Read? CPF Contribution and Allocation Rates Read? 2016 : Key Fact of Household Income In Singapore Read? Government to review CPF Investment Scheme: DPM Tharman Read? The Dilemma Of Young Personal Financial Investment Influencers Few points to take note: 1. The CPFIS was set up to offer CPF members a way to earn higher returns on their savings but it is “not fit for purpose”, Mr Tharman told an audience at the Economic Society of Singapore’s annual dinner. Over the past 10 years, more than 80 per cent of the CPF members who put their savings into an investment product via the CPFIS would have been...

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ComfortDelgro

Read? Why Blue Chips? Depending Who You Ask??? (2) 1.  Kep Corp (Still have) 2. SembCorp (Still have) 3. SPC (Delisted) 4. ComfortDelgro (All sold) 5. DBS (Still have) 6. Semb Marine (All sold) 7. Noble (Still have) 8. Kep Capital (Delisted) 9. Olam (All sold) 10. ST Engg (All sold) This ComfortDelgro is NOT the last comfort anymore so Mr. Market has to give out big discount to attract new...

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2016 : Key Fact of Household Income In Singapore

How many households married with kid(s)/kid(s) and dependent parents can accumulate from their saving to build investment portfolio of $500K to $1M to generate passive (investment) income of $3K to $5K per month? How long will it take for them to retire on investment portfolio? Do you think those investment bloggers in Singapore showing you large investment income fall on the left or right side of  Median household income statistics? With that answer; what young investors should do to be on the right path on their investing journey?...

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The Dilemma Of Young Personal Financial Investment Influencers

Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (10) With more young personal financial investment influencers coming on board the investment blogosphere. We are seeing this dilemma exhibited quite clearly in the cyber space! The wonder of compounding interests of additional 1.5% over the next 30 to 40 years in CPF SA to secure retirement well in advance vs the potent power of investment return in CPFIS across market cycles. This potent power of investment return in CPFIS can generate either gigantic return or destroy wealth. With CPFIS, CPF members may be better off doing Bar Bell investing...

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Separating the Dos From the Don’ts of Investing

Caution alone is not an investment strategy, so Marks penned a follow-up memo last week to give investors six options for how to invest in a low-return world: 1. Invest as you always have and expect your historic returns. 2. Invest as you always have and settle for today’s low returns. 3. Reduce risk to prepare for a correction and accept still lower returns. 4. Go to cash at near-zero return and wait for a better environment. 5. Increase risk in pursuit of higher returns. 6. Put more into special niches and special investment managers. (CW8888: Why many will fail at market...

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The best investors sit on plenty of cash

Read? The best investors sit on plenty of cash The most famous, of course, is the legendary financial guru Warren Buffett, whose company, Berkshire Hathaway, sits pretty on a war chest of US$70 billion (S$94 billion) as at the end of last year. His partner, fellow billionaire Charlie Munger, reputedly advised investors: “There are worse situations than drowning in cash and sitting, sitting, sitting. I remember when I wasn’t awash in cash – and I don’t want to go back. And they are hardly outliers in that sense. A study of nearly two million households with investment portfolios of US$3...

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Two Bank Accounts? No, You may need Four! – (6)

Read? Two Bank Accounts? No, You may need Four! – (5) Four bank accounts are for ease of tracking and monthly downloading of Excel file; and particularly the Investment account is important for us to PHYSICALLY andMENTALLY separate our investment from all other needs and wants. This setup will help us to ride the emotional roller coaster rides across market cycles without worrying too much about meeting living expenses. Uncle8888 over the last 17 years hasn’t touch a single cent in his investment account; but next year onward will be different as he is now a retiree depending on sustainable retirement...

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