Hi Mr Loo, I agree with your method of accumulating wealth but there are many ways and different people does it differently. Furthermore, how much is required for retirement depends on individual lifestyle. Assuming if I can live with $2mil for retirement with a back up fully paid HDB why would I take risk in investment and trying to make more? 6 mil or 8 mil. Can bring to the coffin 😂😂. Leave to the children? Sometime giving them too much make them take things for granted and not responsible for their own life. Let them build their home life. We live and enjoy our own golden years. 😅
I like the term you coined, “Tahanability", which means the ability to hold onto an asset for a long time without touching it.🤣 I look forward to your sharing about the crash indicator that you and your son are developing. Thank you.
For CPF interest compound is more straightforward as SG's investment arm has been and hopefully will be great stewards of our CPF monies. For asset compounding, we are anticipating the asset to grow by 2x or more from the time of investment without doing anything, and thereby at the year of 'realising the profit', we can say it has a CAGR (compounded annual growth rate) of a certain %. However, the level of certainty of that CAGR is not as high as that of CPF's interest compounding...
Thanks so much for keeping us informed for the coming crash... Appreciate a lot for your generosity. I have been burnt in stocks, so i have cold feet when it comes to buying stocks. Would appreciate if you can advice on what stocks to buy for appreciation and dividends. Thanks so much
Hi Mr Loo, you are right. The compound rate for house is 4.6% over 30 years. If you less of bank interest, property tax, maintenance fees, agent commission and ABSD, CPF -SA rate of 4% is higher.
@@1m65 oh. If so, therefore assuming avg growth mentioned is "10% pa for next 30 yrs" , the only risk of such large sum invest to S&P counter is whether those platforms Endowus etc will go bust and funds gone, vs CPF secured 2.5-6% and compounding. Quite tricky. Hindsight is 20 20. Not sure if I understand correctly. Anyway, be safe $850k is lots to loss. Especially you don't pick up gains... Nothing is sure.
If you are talking about dca, endowus is actually the cheapest way to invest in s&p500 through blackrock ishares. The other alternative is cspx via interactive brokers which is just as cheap as endowus depending on amount
4% is the SA and MA amount. The great thing with compound interest is that 100k doesn't just give 4k for 10 years, because the interest is paid every year, and the principal amount increases. Year 1 is $4k interest, year 2 will be $4160...
@@stiwrc2002 I'm not sure of the exact mechanics, can google and find out what those who studied it intently has to say. I'm just happy to see an increasing balance and interest credited at the end of the year. :)
@@1m65 u can explore telegram topics. Its like discord where theres mini small chat groups specific to certain topics. Would be useful to categorise multiple parallel convos
Personally, I would not like to go through telegram too. Sometimes, you have 1000s of messages. Running through such telegram is like trying to find pin in haystack, a waste of time, not truly a situation of picking up art of useful info. Sorry to say, but it is more like not respecting subscribers.
Based on this theory, basically anyone can just place 1 mil in S&P 500 ETF now and wait for 20 years to become 6.7mil (compound at 10%). Need not to wait for crisis to come/prices to drop…
Okay, technically skipping one of the down trend in the cycles. Realistically, not many have ready 1mil to invest hence the theory of regular contribution..
@@MC-learns-to-retire good pt there, funds needed to add on. As such, one would need 30% S&P counter annual investment growth... To then pray to achieve 10% annual growth rate of that counter. Am I right?
@@user-xt5tx5yv9f agree. Mkt is complex. Zero mgtm would have your life at the mercies of those institutions and world events that playing and impacting the mkt.
Tahanability = Tahan + Ability ? Tahan is a malay word which is taken into the SG Hokkien language. Ability is from the English language. We should submit this new word into the Oxford dictionary .....😊
8m in cpf? this guy must b kidding, there is a max amt something like 40k u can contribute yearly so even with compound interest is impossible. at most 3m
If you have low salary with low cpf contributions, all these 1m65 talk is just pointless. If you have very high salary, you don’t need your cpf for retirement. So, it’s all about your earnings power. Everything else is theory.
Thanks for sharing. Mr Loo. Long life.
Thank you Mr Loo for always sharing with us
Thks Mr Loo . Very insightful video. 👍
Thank u very much
Ooo... finally! Compound growth.
Hi Mr Loo, I agree with your method of accumulating wealth but there are many ways and different people does it differently. Furthermore, how much is required for retirement depends on individual lifestyle. Assuming if I can live with $2mil for retirement with a back up fully paid HDB why would I take risk in investment and trying to make more? 6 mil or 8 mil. Can bring to the coffin 😂😂. Leave to the children? Sometime giving them too much make them take things for granted and not responsible for their own life. Let them build their home life. We live and enjoy our own golden years. 😅
Yes, I am using my CPF / SRS for this pool of funds to accumulate wealth. I cannot use it anyway until I am much older anyway.
I fully agreed with You.
I like the term you coined, “Tahanability", which means the ability to hold onto an asset for a long time without touching it.🤣 I look forward to your sharing about the crash indicator that you and your son are developing. Thank you.
Thank u very much! Will be launching soon!
For CPF interest compound is more straightforward as SG's investment arm has been and hopefully will be great stewards of our CPF monies. For asset compounding, we are anticipating the asset to grow by 2x or more from the time of investment without doing anything, and thereby at the year of 'realising the profit', we can say it has a CAGR (compounded annual growth rate) of a certain %. However, the level of certainty of that CAGR is not as high as that of CPF's interest compounding...
Yes there is volatility that why you need tahanability
Good platform for mr loo to hao lian
Well, I cannot educate finance if I don’t produce results myself to show others.
No lah he doesn’t have to do it and you don’t have to listen
Thanks so much for keeping us informed for the coming crash... Appreciate a lot for your generosity. I have been burnt in stocks, so i have cold feet when it comes to buying stocks. Would appreciate if you can advice on what stocks to buy for appreciation and dividends. Thanks so much
CPF SA and MA would be the best
When the time come buy n forget.
Hi Mr Loo, you are right. The compound rate for house is 4.6% over 30 years. If you less of bank interest, property tax, maintenance fees, agent commission and ABSD,
CPF -SA rate of 4% is higher.
House is heavily leveraged. Apples and oranges.
If use cpf in endowus, what abt the cpf compounding interest loss? Must you pay back the $85k or $850k cpf invested?
No need
@@1m65 oh. If so, therefore assuming avg growth mentioned is "10% pa for next 30 yrs" , the only risk of such large sum invest to S&P counter is whether those platforms Endowus etc will go bust and funds gone, vs CPF secured 2.5-6% and compounding. Quite tricky. Hindsight is 20 20. Not sure if I understand correctly.
Anyway, be safe $850k is lots to loss. Especially you don't pick up gains... Nothing is sure.
Hi Mr Loo, what is the fund you buy for S&P 500 on Endowus?
Amundi S&P500
@@1m65 I thought it was lion global? Amundi is not true S&P500 right
@@Luvmafammie Amundi is pretty close to it also
If using cash to invest in S&P500, is it wise to use endowus too or using brokerage is better?
Endowus is the ONLY company that you can use your CPF OA.
If you are talking about dca, endowus is actually the cheapest way to invest in s&p500 through blackrock ishares. The other alternative is cspx via interactive brokers which is just as cheap as endowus depending on amount
Cpf is based on 4% per annum right. 100k only give 4k for 10 years. Will it reach 150k?
4% is the SA and MA amount. The great thing with compound interest is that 100k doesn't just give 4k for 10 years, because the interest is paid every year, and the principal amount increases. Year 1 is $4k interest, year 2 will be $4160...
You must learn the power of compounding.
That is what I thought so. For a moment I thought 100k in 10 year can get $400k
@@redsfc is it calculated based on monthly but paid out in Dec. Some said is like that.
@@stiwrc2002 I'm not sure of the exact mechanics, can google and find out what those who studied it intently has to say. I'm just happy to see an increasing balance and interest credited at the end of the year. :)
Tahanability is hardest to master especially during a crisis. When u see a 40% drop in a $1m portfolio
Agree.
can share which stock code you buy in endowus?
I buy the lionglobal S&P500 or the Amundi S&P500
It's time for you to enjoy the fruits already. Life is short bro
Can’t “eat” CPF and SRS lah. So let it compound.
Kid 😊 to the bank.
The telegram channel has far too many messages in a day to be able to follow i gave up after few months
You must learn the art of picking up useful comments and ignoring the not useful ones
@@1m65 u can explore telegram topics. Its like discord where theres mini small chat groups specific to certain topics. Would be useful to categorise multiple parallel convos
Personally, I would not like to go through telegram too. Sometimes, you have 1000s of messages. Running through such telegram is like trying to find pin in haystack, a waste of time, not truly a situation of picking up art of useful info. Sorry to say, but it is more like not respecting subscribers.
Need a moderator to kick out those not giving value.
850k or 85k?
S$850k
Based on this theory, basically anyone can just place 1 mil in S&P 500 ETF now and wait for 20 years to become 6.7mil (compound at 10%). Need not to wait for crisis to come/prices to drop…
Yes that the theory. But I like to get an value uplift from crash buying.
Okay, technically skipping one of the down trend in the cycles.
Realistically, not many have ready 1mil to invest hence the theory of regular contribution..
@@user-xt5tx5yv9fyes that risk is always there.
@@MC-learns-to-retire good pt there, funds needed to add on. As such, one would need 30% S&P counter annual investment growth... To then pray to achieve 10% annual growth rate of that counter. Am I right?
@@user-xt5tx5yv9f agree. Mkt is complex. Zero mgtm would have your life at the mercies of those institutions and world events that playing and impacting the mkt.
This man has sent his son to Israel to learn from the Jews 👏🏻 👏🏻 👏🏻
Has sent? Didn’t happen.
Tahanability = Tahan + Ability ?
Tahan is a malay word which is taken into the SG Hokkien language. Ability is from the English language.
We should submit this new word into the Oxford dictionary .....😊
Yeah!
8m in cpf? this guy must b kidding, there is a max amt something like 40k u can contribute yearly so even with compound interest is impossible. at most 3m
When you are 70, the money inside wont be as valuable as when you are 50. Dont be obsessed with just the numbers.
Gonna charge for those tutorials?? Like those gurus out there? 😅
No lah… don’t be crazy to think that Mr Loo will be good enough to charge for his ideas.
If you have low salary with low cpf contributions, all these 1m65 talk is just pointless. If you have very high salary, you don’t need your cpf for retirement. So, it’s all about your earnings power. Everything else is theory.