| Latest Forum Topics / Trading Techniques |
|
|
The Trading Floor
|
|||||
|
wavehunter
Supreme |
02-Jun-2026 16:46
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
Time for you to CHEONG in then and Ka Ka HOOT arrr with your signature battle cry - " Ah Mah Lai leow !!!"     ![]() ![]()
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
02-Jun-2026 16:42
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
The ability to keep averaging down and on top of that the ability to double down or triple down by adding more at lower prices will very greatly and substantially increase the odds of winning in this game. This is a fact. Apply what I said to any of the bank stocks, SingTel, ST Engineering, SGX, SembCorp and the likes over the last 12 mths and you will know what I mean. That' s the beauty of a good stock. When there is price weakness, the inherent value of that stock goes up. You will get more value  if you buy it. Which is why if you have the capital, you want to buy more of it when the price is lower. And its also becoz you know low prices is only a temporary phenomenon. It is caused by weak sentiments. But sentiments will not remain weak all the time. When sentiments improve, your stock price will recover. When sentiments turn positive, your stock price will run. That' s why buying even more of a good stock when the price is lower is the logical and correct thing to do.  The next question is can we, with our limited capital do that? Very few of us can. Bro spore is one of them. But the vast majority of us cant. We can fight only a short and limited war. Before long, we run out of ammo. And become a lame duck. When out of ammo, we are like a ship dead in the water. But CPF Life is different. They have tons and tons of ammo. And their fresh ammo keeps coming in every month in the hundreds of millions. Which empowers them to buy even more of good stocks if prices fall lower. That' s why they have much, much better odds of winning if we give our money to them than if we keep the money and try to win by ourselves. That' s why we should let them have our money and let them do all the work, all the worrying and all the whatever. Yes, they have risks too. But with such a large and mightly army, they are very much more well positioned to manage and mitigate those risks than us. If we try to manage the money and invest ourselves, there will be periods of drawdown. During such drawdowns which can last years, there is no income. We have to Chiak Ka Kee and dip into our savings. Or tighten our belts and forego some of the stuffs we want/need. And this worrying and foregoing is not one-off. It is for the rest of our retirement if we choose to manage our money ourselves. But if we give that money to CPF Life, it immediately becomes not our problem anymore. Whether the market is up or down or sideways, we are not affected. We still collect our payouts timely on the 2nd to 4th working day of each month. How soon you get your payout will depend on your bank' s processing speed. We now know that POSB/DBS is very fast. Today is indeed the 1st working day of the month. Yesterday was not a working day. I dunno about how fast UOB  and OCBC are. But if you have a POSB/DBS account, use it for your CPF Life payout. If dont have, open an account just for this purpose.  Think about how much at minimum you want your monthly payout to be. For me, at $1300 is not ideal. Pre-Covid time was still okay. Back then, food prices were still $3 for small and $4 for big. Post-Covid, hawkers have raised prices twice and some stalls even 3 times or more.  What is an increase of $1 for something which used to cost $3 ? That' s a 33% increase. Meaning a sum of $1300 during pre-Covid days is worth only $1300 minus 33% = $871 post-Covid. And this inflation virus eating into our money will continue in the decades ahead. Which awakened me to realize that a payout of $1300 is not enough. I had to do something.  I need to increase my payout. Hence, the need to use cash to top-up my RA.  After some in-depth soul searching, I came to the conclusion that a sum of $2400 per month will be quite okay for me. I am what you call a low maintenance guy. I dont drink coffee at Starbucks. Why pay $8 for coffee when I can get it at $1.20 at a hawker stall. In fact I dont even buy coffee from a hawker stall. I make it at home and bring it along in a good thermal cup which keeps my coffee hot. At Shopee, I can buy very stylish looking thermal cups for less than $6.00. The reason why my payout is at $2350 and not $2400 is this. When I did my calculations, I had assumed that CPF Life will compute the interest earned until end of May 2026 and include that interest in my total savings. But I found out recently interest earned from Jan to May is credited  only in Jan 2027 and are hence not taken into account when calculating my payout. That' s why it came out $50 short. What' s going to happen is that interest earned from Jan to May will be credited to my RA in Jan 2027. I can either withdraw it or leave it in there to earn interest. Then come July 2027, CPF Life will ask me whether I wish to top up my CPF Life premium. If I decide to do so, that' s when I may see an increase  in my payout to $2400. I will cross the bridge when I come to it. If I am comfy with $2350, I may just leave it at that and withdraw the interest to play with chickens in the market. The whole idea is to have peace of mind. And certainty. I have done what I need to do to more or less " guarantee" I will reeceive $2350 every month for my living expenses. So the bread and butter is taken care of. Whatever capital I still have, I can do chicken runs with it. If I succeed and get some eggs, then Ho Say leow. If I become stuck and have to LOON UNTIL WIN, no problem also. I will still receive $2350 every mth timely and without fail. And THAT is the whole idea of topping up your RA to an amount which will give you that monthly income at a level which will give you peace of mind and a comfy retirement. Having said that, the earlier you top up your RA, the more benefit you will get from the compounding effect of the 4% yearly interest.    |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
halleluyah
Supreme |
02-Jun-2026 16:37
|
||||
|
x 0
x 0 Alert Admin |
green liao... stay abv 4.48 then is uptrend....up n up....dyodd....
|
||||
| Useful To Me Not Useful To Me | |||||
|
spore1
Supreme |
02-Jun-2026 16:15
|
||||
|
x 0
x 0 Alert Admin |
SingTel slowly recovering. It may turn into positive territory | ||||
| Useful To Me Not Useful To Me | |||||
|
sanvan
Veteran |
02-Jun-2026 14:44
|
||||
|
x 0
x 0 Alert Admin |
General Wave, Thank you for sharing this. It has got me thinking already. I agree it bears serious thought.  I have probably not thought enough about cognitive abilities declining making it even harder to achieve a similar income as the payout. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
MrBear12
Supreme |
02-Jun-2026 14:17
Yells: "Cast all our anxieties on Jesus for He cares for us" |
||||
|
x 1
x 0 Alert Admin |
a bear will readily agree and retire to his cave with cash in his belly
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
02-Jun-2026 14:07
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
Bro sanvan, I was at $1300 too. When I turned 55, CPF Board set aside $161k from my savings to put into RA. That was then the Minimum Sum. At that time, there was no BRS, FRS and ERS. Just a Minimum Sum which everyone must set aside if they have more than $161k. The rest they can withdraw if they want to. Those with less than $161k...nothing to withdraw. CPF will take all the savings to put into RA. Had I not done anything else, that $161k would have earned 4% interest compounded for 10 yrs till age 65. Then at age 65, my $161k plus compunded interest would have given me a payout of only $1300. After listening to advice from the people who were then regulars of this thread, I thought about it and came to the conclusion that I should top up my RA with cash. That means less trading capital. But the trade off is I am using trading capital to buy for myself an iron-clad safety net. If I hold on to cash, I must be able to generate $1050 per mth every mth for life with that same cash. But if I put that cash into my RA, I will receive $1050 more every mth without worry and without breaking a sweat. So I pain pain used $167900 from my trading capital to top up my RA. As a result, my payout increased by $1050 to $2350 per mth. If I keep that $167900, to get $1050 per mth out of it means I must make $12600 per year . That' s a rate of return of 7.5% per year which I must be able to repeat year after year for the remainder of my lifetime. Can I do that ? We musnt forget that as we grow older, our cognitive abilities to analyse market trends, charts and data will diminish. Our ability to stay focussed will diminish too. And at that age, if we make a mistake or get screwed by the market and kena a huge drawdown, our runway of remaining years to recover from a market shock is far shorter than someone in his 30s and 40s.  That' s why all things taken into consideration, I decided to top up my RA. It was a painful decision back then. To give up so much cash is always painful. It was not a decision I could make instantly or without reservation. I thought about it for a while and then discussed with my wife. Her immediate reaction was " Yes, do it. It is a good thing. Do it" . Her reaction was an important encouragement for me. It made my decision-making ALOT ALOT easier. So my mind became firm that topping up my RA was the right thing to do and not only right thing to do but also MUST BE DONE. So I did it. And have NEVER regretted it. My only regret is I do not have more funds to put into RA to bring my payout to $3k.   As a result of talking to me, wifey also became aware of the importance of topping up RA to the max of ERS if one is able to. And so she has been working out a plan to start topping up earlier than later so that her savings can benefit from the compounding effect of the 4% interest which the CPF pays.  So Bro sanvan.... forget about buying another car. You really dont need it. Your children are all grown up and you do not have disabled loved ones to ferry around. It is not true that we cant live without a car. In Msia, yes, that' s true. In Spore, it isn' t true. Our public transport system is world class. Foreigners who come here for vacation or for work all wish they can have the same public transport in their own country. Think about what I have shared here and go do your math. Think hard about how much payout you want per month when you turn 65. Then use that figure to work backwards to arrive at how much you need to top up your SA or RA now. The sooner you do that top-up, the more you will benefit from the compounding effect of interest. If you wait 5 years to top up, you lose 5 years of interest compounding effect. Just to illustrate, a sum of $100k will become $121,665 after 5 years of interest compounded at 4%.  To work out how much you need to have to achieve the desired payout you want, log in to CPF website with your SingPass and search for CPF LIfe payout estimator and take it from there. http://www.cpf.gov.sg/member/tools-and-services/calculators/monthly-payout-estimator
|
||||
| Useful To Me Not Useful To Me | |||||
|
halleluyah
Supreme |
02-Jun-2026 14:03
|
||||
|
x 0
x 0 Alert Admin |
most likely turning green soon.........then up n up.........
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
halleluyah
Supreme |
02-Jun-2026 14:00
|
||||
|
x 0
x 0 Alert Admin |
bro ysh, its not ah kong gives, its yr own savings in cpf which will be given out monthly...if mati, balance gives to yr loves one...ah kong only gives cdc vch...
|
||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
02-Jun-2026 13:56
|
||||
|
x 0
x 0 Alert Admin |
congrats bro!~
|
||||
| Useful To Me Not Useful To Me | |||||
|
ysh2006
Supreme |
02-Jun-2026 13:49
|
||||
|
x 0
x 0 Alert Admin |
How to tell a person can last for how long ?  if Govt give I think I will take it first , Money in pocket that is mine I can count lah ...
|
||||
| Useful To Me Not Useful To Me | |||||
|
MrBear12
Supreme |
02-Jun-2026 13:37
Yells: "Cast all our anxieties on Jesus for He cares for us" |
||||
|
x 0
x 0 Alert Admin |
happy birthday! and may God bless you!
Enjoy your payouts forever!
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
halleluyah
Supreme |
02-Jun-2026 13:32
|
||||
|
x 0
x 0 Alert Admin |
tq bro sanvan....i extend till 70 then take out...compunding at 4% is gd to me liao....
|
||||
| Useful To Me Not Useful To Me | |||||
|
halleluyah
Supreme |
02-Jun-2026 13:30
|
||||
|
x 0
x 0 Alert Admin |
the chicken also must able to lay eggs wan...
|
||||
| Useful To Me Not Useful To Me | |||||
|
sanvan
Veteran |
02-Jun-2026 13:20
|
||||
|
x 0
x 0 Alert Admin |
General Wave , Congratulations to you, and to Sis Halle for her hubby too, for the CPF pay outs.  Nice to have a payout monthly without work. Passive income. I got to wait another 4 years for approx $1.3k.   |
||||
| Useful To Me Not Useful To Me | |||||
|
sanvan
Veteran |
02-Jun-2026 13:16
|
||||
|
x 0
x 0 Alert Admin |
Singtel seems to have held on at 4.30 quiet well so far.  Let' s see if it breaks in the afternoon.  If it closes well today, say at 4.34, that would be welcome.  |
||||
| Useful To Me Not Useful To Me | |||||
|
spore1
Supreme |
02-Jun-2026 12:20
|
||||
|
x 0
x 0 Alert Admin |
Buy no scare, scare no buy.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
02-Jun-2026 11:26
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
Thank you Sis halle. When it comes to good lobang about where to park money for the best interest income, I think in this thread, you are the " go-to" person. I wonder if there is an app or site which regularly collates all these lobangs to help people find the best places to park idle money. 7% is good. It is like investing in FLCT or Capland Ascott Trust when they are trading at 80 cts to 85 cts. Yield is above 7%. If I want to do the same, I will look you up again. But probably not. Whatever remains of my savings from my monthly payout, each time I accumulate to 10k, I will probably look for a good chicken to hug and cuddle. SingTel is one such chicken. I will be looking for more. Especially those chickens which can run fast. ![]()
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
02-Jun-2026 11:17
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
Relax Bro Ryan. You may not know this but Bro spore is a general with a 5-million strong army. For all we know, 5-million could be just the amount to speculate in stocks. More millions are already parked in properties giving him rental income and in bonds giving him interest income. Trading the market is a game where the more capital you have to average down a good stock which pays good dividends, the higher your probability of winning. If this were not so, why do you think fund managers collect tons of money from investors and what do they do with all that money ? They buy stocks. They dont buy properties. They put some of that money into bonds, gold etc but most of their money is in stocks where the capital growth is. When you buy a good stock with growth potential and some more it pays decent dividends and you have the capital to average down and the financial muscle to hold your positions, one fine day your stock will find a bottom and turn back up and that' s when every single share you have bought becomes profits. Bro spore has been doing this quietly for a long time and quietly HUATing. He is not one who boast about he how good and how good. He just stays humble, adopts a low profile, and then move his 5-million strong army to capture more and more bear territory. He is in a good position. One which is envied by many of us.  ![]()
|
||||
| Useful To Me Not Useful To Me | |||||
|
halleluyah
Supreme |
02-Jun-2026 11:09
|
||||
|
x 0
x 0 Alert Admin |
wow kong xi kong xi...finally the day comes...my ah lau cpf $ received monthly, keep then yr end dump into AIA wealth venture (ilp) ...yearly div abt 7.0x which paid every quarter, dun take n let it compound....
|
||||
| Useful To Me Not Useful To Me | |||||








