Shares & Derivatives
Profit taking on my share investments
By SG Wealth Builder  •  March 3, 2014
Recently I liquidated my remaining k1 Ventures shares in my CPF Ordinary Account. Total profits, including dividends and capital gains, amounted to $1,400. This represented a total return of 13%  in 3 years. It could have been more if I had not pared down the investments since last year. As of now, I am not vested in any stocks.The intent of investing my CPF monies was really to divert a portion of my CPF monies from the Ordinary Account before HDB wiped out the monies for settlement of my HDB purchase in 2010. I wanted this investment to be a buffer in case I got retrenched from my job and still need to service my housing loan. With no income, this investment could then be liquidated and used to pay the HDB monthly installments for at least one year. This buffer was important for me as I am the ...
...
Read the full article
By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance