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I will only be interested in buying the following for long term:
1) DBS
2) Singtel
3) SMRT
4) Singpost
5) SPH
6) SuntecReit
7) Cambridge
8) STI ETF (this is ETF which track STI index)
If you are a Singaporean, which company from (1) to (6) you are unsure of? Even you ask a primary school kids, he or she can roughly tell you how these companies make their money. I will only buy company that I know and understand what they are doing.
They may not be the best performance stock but I consider them as very safe stocks/ETFs in my opinion. I choose them is because they give regular dividend and they give me a peace of mind after buying them for long term.
The reason why I include STI ETF is because only 35% of the investable OA CPF money can be use to invest in stock. I will use the rest of the investable OA CPF money to buy STI ETF. I don't buy Unit Trust as they seldom or never give out dividends, and also their management fee and sale charge are quite high in my opinion. STI ETF in the past has been giving good dividend in my opinion.
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4 comments:
"The reason why I include STI ETF is because only 35% of the investable OA CPF money can be use to invest in stock. I will use the rest of the investable OA CPF money to buy STI ETF"
What a laugh ! Your gov prohibits you to invest more than 35% in stocks yet you can invest the remaining 65% in an ETF 100% stocks related !
Hi Gaudente,
It seems that you are not very sure about CPF OA investment. 35% is the maximum you can use for stocks. The remaining 65% of the CPF OA minus away $20000, you still can use it for selected ETFs and Unit Trusts. You may want to double check in the CPF website.
Regards,
Freedom Achiever
Hi,
May I know how to use may CPF to invest. I never tried this before & I should say no experience at all but I am interested & I also want financial freedom.
Thank You
Hi Mavi19,
You may use my following blog link on cpf investment.
http://myinvestmentportfolioinsingapore.blogspot.sg/2009/12/how-to-invest-using-your-cpf-saving.html
Regards,
Freedom Achiever
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