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

Sunday 3 January 2016

Counting Compounding Interests in CPF Accounts. No Stress! (2)


Read? Counting Compounding Interests in CPF Accounts. No Stress! 


Why Uncle8888 loves his CPF OA?


























With his planned retirement after his 60th birthday in Sep 2016 and with no more CPF contributions from his employment, will he be able to achieve his Goal of becoming Millionaire CPF Member in Ordinary Account?

That Man will laugh again!

Why set Goal when you have no control over it? 






3 comments:

  1. CW,

    This post not so clear. May confuse newbies.

    I poke goal setting on compounding investment returns; I never poke on compounding interests:


    Compound investment returns - Markets will do what it wants to do; we can't control. This is where I can poke on setting consequential goals we can't control :(

    Compound interests - Of course we like! Who doesn't? That's what we can "control" just as long we don't pick bones in eggs that governments can be like Greece, and banks can be like in Cyprus... So setting goals here much harder to face disappointments. It's math for crying out loud!


    ReplyDelete
    Replies
    1. Fully agreed!

      We should poke those shouting loud on compounding investment return and their multi-year projected return. KNS!

      Delete
    2. OMG!

      Relax, relax.

      Come, sit and have a char shao bao.

      We do bird watching lah.

      Look! 2 O' clock quick.

      That one chio!

      Delete

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