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I'm a Singaporean. The purpose for all my blogs is to share my life experiences in Singapore.

My Lessons on Investment

What are Shares, Unit Trust and ETF?
See which investment instrument is suitable for you.
What are Preference Shares?
It is different from the common shares.
How to invest using your CPF saving?
Enhancing your retirement saving
How to invest regularly if you do not have a lot of saving?
You still can invest if you can save $100 per month
How to buy gold in Singapore?
Different ways of investing in Gold.
My Investment Strategy
Having a winning strategy is important
Be a investor or a trader?
Reasons on why I want to be a investor rather than a trader
Peace of mind after buying shares?
Reasons on sleepless night after buying shares
Things to avoid in stock market.
Don't attempt to try these even you are an expert
My favorite quotes from Warren Buffett
Very meaningful and useful investment quotes
Buying stocks based on price and value
This is the method I use when buying stocks
Investor, Traders and Speculators Charts
Charts are affected by different players in the markets
My Quotes/Rules of Investment
My own investment rules and quotes
The Goose That Laid the Golden Eggs
Protect them at all costs
Dealing with Market Randomness
Reasons on why market direction cannot be predicted
Who can be trusted in the market?
Beware of people who give you tips
Why I am not afraid of losing money in my investment?
Know your own limits and rules of the game.

My Market Analysis

STI Index
Comparison between 1998-2000 and 2008-2000
STI Index movement
Prediction from Oct 2009 to 2011
Reason Why Gold might be a good investment
EUR/USD 10 years chart
Will it go up or down?
Taiji Symbol VS S&P 500
S&P 500 25 years chart
True value of S&P 500
Based on dollar index from 1988 to 2009
US Dollar Index
Using Taiji to Analyse
S&P(2007 to 2009) VS NIKKEI (1990 to 1992)
Is there any similarity?


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Monday, December 21, 2009

How to invest using your CPF saving?

CPFIS stands for CPF Investment Scheme. It allows CPF members to invest their CPF savings so as to enhance their retirement saving. Currently 2.5% interest is given for the Ordinary Account (OA) and 4% interest for the Special Account. And there is an extra 1% interest to be paid on the first $60,000 of a member’s combined balances, with up to $20,000 from the Ordinary Account (OA).

For those who are willing to take risks in order to achieve higher return might want to consider CPFIS. CPFIS allows CPF members to invest in various instruments such as unit trusts, ILPs, fixed deposits, bonds shares and ETFs. These instruments must be stated under the CPF approved list.

In order to invest using CPFIS, you have to:

1) Open a CPF Investment Account. You can open this account with DBS, UOB or OCBC bank.

2) Check how much you can invest by logging into the CPF website. Please note that different limits are set on different investment products.

3) Link your CPF Investment Account with the necessary investment company. For example, if you are buying shares or ETFs, you have to inform your broker to link your CPF Investment Account with your trading account.

To find what more on CPFIS investment, you can try to Google "CPFIS investment" using my Google search box located at the top left corner of my blog.

1 comment:

Gloria said...

I look forward to reading what you're planning on next, because your blog is a nice read, you're writing with passion.