Wednesday, November 27, 2024

How I grow my Spare CPF OA Monies over the year with approved fund platform?

 


Started  investing with CPF OA spare monies in Jan 2021, subsequently setup

a recurring buy with $1000 every month using Dollar Cost Averaging method

until today.  The Journey is long but no brainer way to make money. 

The only thing that I did over the year was to look at the S&P500 Index and

drew the trend channel so that as long as the Index is fluctuating within the uptrend 

channel, it should be making more profits for me.

As I have projected that S&P500 will be enttering a down cycle after 6000 - 6100
level, I will start to liquidate my postion, re-evaluate the next investment opportunity.

https://chartfreely-us.blogspot.com/2024/11/s-daily-chart-analysis-071124.html 

https://chartfreely-us.blogspot.com/2024/10/s-daily-chart-analysis-dated-101024.html

 In conclusion, if you know how to read the charts well, understand different market 

cycle and the strategies to take advantage of the evolving trends. Profitable trading 

or investment is not a coindence or guesswork.

Besides, I am also actively using CPF OA monies to trade SGX stocks. Most of the 

time, I will swing trade a few counters, add more positions (average up) into the

counter if it continues its uptrend  move till near sell-off tops before I exit with

good profits. 

Some of the trades that I had updated in the blog.

 https://chartfreely-sg.blogspot.com/2021/06/ocbc-daily-chart-analysis-dated-080621.html

 https://chartfreely-sg.blogspot.com/2023/08/ifast-daily-chart-analysis-dated-180823.html

 https://chartfreely-sg.blogspot.com/2024/10/ifast-daily-chart-analysis-dated-101024.html

https://chartfreely-sg.blogspot.com/2024/05/riverstone-mid-day-chart-analysis-dated.html 

The happiest thing is that my elder daughter has started to learn how to read charts,

and to take advantage of trading skills to make withdrawals in the Crypto Market.

There are abundant of opportunities to be made in the Crypto Arena including Meme

Coin, AI Token & etcs.

Everyday, there are so many opportunities presented infront of you to attract you

by giving them more attention and more love (to put monies on them) and let

them show you their loyalty to pay you off in the future if you believe in them.

Financial Trading Skills is a learnable skillset. IT WILL BENEFIT YOU FOR LIFE.


Happy Profitable Year 2024.