How to make a year’s CPF interest in 2 days

Market swings are like roller-coaster rides. The more twists and turns, highs and lows, the happier market speculators are. They don’t make money of buying and holding for long periods of times, but rather they play on the difference in market price within the day or week.

I’ve been on the look out for Singtel. Someone has been selling bulks of it on two separate occasions, bringing the buy price lower than normal. On both occasions, I’ve bought said shares, and resold them a day or two later.

Just today, I sold some shares for a 2.57% profit! More than what one would earn in a year if one had left the money in the CPF account. In fact, I sold off to early, as I wasn’t sure how high the market would go. But I’m reminding myself that a bird in hand is worth two in a bush. Realized profit is better than potential profit.

Of course stock markets are not without it’s risk. If prices had gone southwards, I was prepared to hold and wait for prices to recover, and in the meantime, collect the dividends every quarter (which btw, is still more than interest CPF would earn you).


Current dividend yield = 5.123% (approx)

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