 All right. Okay. Let me know if you can hear my voice good to see all of you in this special evening. Special evening. Okay. Hello, everyone. All right. If you can hear my voice, let me know which country are you tuning in from. All right. Let me know which country. Am I going live? I just want to double check because I see no one jumping in yet. So just want to make sure everything is okay. Give me a wow. Let me see. Next level All Stars Facebook group. Hold on. Hold on. Uh oh. Am I live? Yes. Yes. Yes. Okay. Okay. I can see. I can see you guys are streaming in. All right. That's good. That's good. Now. Okay. Tonight we have a lot of things we want to cover exactly how do we actually use CPF to invest in a very safe manner? And if you can, right, actually using the method, given time, actually you're going to compound 100% of your CPF. How many of you right here are already investing in CPF? All right. If you're already investing in CPF, then please type CPF in the chat. However, if you are thinking about, you know, going into CPF and you just don't know what exactly should you do to invest your CPF safely, then please type C. C stands for consider. All right. C stands for consider. Hello, Davina. Good to see you. I know there's going to be like some 10 seconds of lag. It's okay. I'm going to give you guys time to respond as well. And I'm checking all your, all your response here from my, from my, from my handful. So yes, let's make it interactive as well. Now. Okay. Let's ready to get started. I can see C. Okay. Davina is considering good to see that. And that's why tonight I'm going to show you exactly how can you start investing your CPF in the right way? All right. Now let's get started. Let me share my screen. And all right. CPF investing. Let's get started. So, so Davina is thinking about investing in CPF. How about other people who are streaming in right now? Are you already investing in CPF? If you are, then what are the things that you are currently investing with your CPF? And tonight I'm going to share with you my own way of investing. And once again, it's really not for, you know, just not just buy or sell recommendation. It's very important that you do your due diligence. You understand my philosophy behind how I do things and why I do things. And if you agree with me, of course you can take action, right? Because at the end of the day, the market will only reward you when you take action and when you take your investment seriously as well. And in fact, right now the market condition is great. It's brilliant. And recently I just initiated another position investing using CPF. And I'm going to share with you exactly what I did and what you can consider to do as well. But very important, you do your due diligence. Now when it comes to investing in CPF, people generally have this reservation that, you know, if I don't invest, at least I will have 2.5% per annum. In terms of my ordinary account, which short form is called OA. So how many of you here right now are pretty happy with 2.5%. If you are happy type H in the chat, okay? H stands for happy. Or if you think that 2.5% is not a lot, it's quite little type L. L stands for little in the chat. Let me know what do you think? Do you think 2.5% is considered a good return for you when it comes to your CPF? Because when you just put it inside your with the government, you will for sure get a 2.5% guaranteed return, which is definitely better than the banks, you know. But however, if you ask me, I personally think that 2.5% will not be really, really good because there is also rising cost of living. And if you see according to StrixTime, what is our inflation rate? Okay, it says that, you know, the latest monthly consumer price data shows that the overall inflation in June, which is just a few months ago, is at a seven year high of 2.4%. So if you are putting your money just with CPF and you're getting a 2.5% return, you are just barely beating the inflation. I think that is also the objective of the government, right? They just want you to, if you just put it, the money together with them, they just want to make sure, okay, your money is not eroded by inflation, but it's definitely not also good to grow it, right? And that's why it's so crucial for you to learn to invest using CPF in a very safe manner so that you can do so much better than your 2.4%. So what can we do right now? In order to invest in CPF, there are certain prerequisites. So firstly, you must be more than 18 years old and above. And definitely you must be people who are like, for example, Singaporeans or you are working in Singapore and you do receive CPF, and your minimal amount in your OA account must be more than $20,000 and more. Then you can invest the excess. The $20,000 is a bad minimum. If you don't have $20,000, then you make sure you work harder first and then you save up more inside your CPF before you can actually consider to invest. And then for a special account, it's another thing which is more than $40,000, but tonight our special sharing is really more concentrated on the OA account, and I'm going to share with you how can you invest your OA as well. So let me know if you're already investing in using your OA account, maybe buying some stocks or whatsoever in the local market, then maybe give me a smiley face. Let me know because I really want to make sure you guys are learning and participating as well. Or if you have not started, so this is something brand new for you, then please type a short face like, the kind of short face, so that I can see your reaction and I can really cater the speed of this sharing accordingly as well. So we can see that in order to fulfill this prerequisite, that means firstly you must be 18 years old and above, and you must have more than $20,000 in your OA account, and very importantly you also should not be discharged of bankruptcy, and then you will be able to invest in CPF. So what are the ways to invest in CPF? If you watched my YouTube video earlier, which I actually just released yesterday, I actually talked very, very in-depth about what I do with my CPF, including what are the companies I personally invested in using my own CPF as well. So there are two ways that you can invest in your CPF, right? Either you can invest in local stocks, or you can choose another way which I'm going to share with you very, very soon. But if you want to find out what exactly are the some of the companies that I personally invested in using CPF, then you can check out my YouTube video later after this. I will actually share with you some of the portfolio positions I actually had inside. So you can go to my YouTube channel rebrand.ly slash Aligato investor, you'll be able to find it step by step inside. But now, let's talk about my favourite method, right? Apart from investing in local stocks, which I think not that decent, but there are another, okay, there's in fact another preferred way for myself to do it. And my majority of my portfolio position is actually inside this method, which I'm going to share with you right now. And I believe, okay, how many of you can already make a guess? What investment instrument or like, what is the exactly am I buying when I use my CPF to buy? I'm actually buying into the market, which is I'm very bullish about, which is the US market, okay? So if you have been observing how US market has been performing over the past decades, you know, it's just been going up and up and up. And in fact, if you look at the past five years, if you just invested in S&P 500, which is the US stock market index, right, the top 500 companies in the US, you can see that it actually went up to more than like close to 100%. Okay, because recently there's like pullback, right? Just like Henry say, investing in the index, which is actually my preferred way because when you invest in an index, you don't really need to time the market. And all you need to do is to continue to accumulate the index and your portfolio is going to compound. And that's why if you invested five years ago, for example, back then using $50,000. Okay, and let's say you invest in S&P 500. Today, your $50,000 will have actually increased to 100K. You double it in just five years time, which is definitely way better than you putting your money either in, I don't know, unit trust or maybe in the banks. In the banks, it's definitely you're not going to grow at all, right? But some people like to put it in unit trust, which I think there are a lot of fees that's involved. So I also don't recommend putting your money in the unit trust, which I think buying S&P 500 is a really no-brainer way of growing your wealth consistently. But the thing is, you know, if you talk about a longer horizon, just now we look at five years, which is considered midterm. How about longer term? If you stretch it even longer, let's talk about 10 years. If you just invest in S&P 500 for the past 10 years, your return from $113 per share have actually increased to 428. So what is your return for 10 years time? That is 280% in 10 years time. That is an annualized return of more than 10% year on year. Who is happy with, you know, you just putting your money there and then your CPS is working harder for you and you don't need to monitor it and you still get a very, very safe return of more than 10% every single year. If you are happy, type 10% in the chat. I also want to make sure I manage your expectation. It's not going to be like a thousand percent, a few hundred percent kind of growth in one to two years time because that is rarely happening. Okay, especially you're just buying index, buying ETF. However, if you just buy and do a long term horizon investing, dollar cost averaging, that is a very, very decent return as compared to you put your money, let's say a unit trust, which they're definitely going to charge you much higher fees as compared to ETF. Now, why investing in ETF is a very, very powerful and safe manner is literally when you buy into S&P 500 for those who are very new. These are the companies that you are investing in. The top 10 companies in S&P 500 right now, including your Apple, your Microsoft, your Amazon, your Tesla, all these very, very powerful companies, your Google as well, Facebook. So all of these wonderful companies are there. And the good thing is these companies, if you see the top 10, it makes up of 28 percent. So what does that mean? They have the remaining of the other companies that constitute to the remaining portfolio, including your consumer cyclicals such as your Nike, your financials such as your Wells Fargo, I'm not sure whether it's Wells Fargo inside, then I think JP Morgan. For example, JP Morgan or like Bank of America, they are inside your healthcare, including your Johnson and Johnson Pfizer. So it's a very diversified portfolio. And that's why when you are investing in S&P 500, it's also a very diversified way, a very, very safe way of growing your wealth. So this is why S&P 500 is a very safe way, especially if you stretch your horizon long enough. And right now we can see some short term pullback in the S&P 500. There is quite a lot of volatility inside the stock market. And that's why you can really consider why you want to buy it during this time is because you can get it even cheaper. And that's why I really want to share with you tonight so that you can start to think about what kind of actions that you can start taking for your own CPF as well. Now, if you look at the compounded interest calculator in terms of you just invest in S&P 500, for example, let's say your initial investment is $20,000. And when we talk about investing in ETF, it's really about dollar cost averaging. What does that mean as every single month, you just set aside some amount of money. It can be your CPF since we are talking about CPF investing. So every single month, you just set aside $1,500 additionally from your CPF and continue to invest in S&P 500. And if you give yourself a period of 10 years and estimated, let's say the return is about 10 to 15%, I'm just using 15% as an example. So 10 years later, your $20,000 with all your additional $1,500, every single month that you added in, eventually what will it return? What will it become? Your original portfolio will actually become 100% return. In 10 years time. So you can see that your total contribution is $200,000 because for 10 years, every single month you just continue to contribute $1,500, you will make up to be $200,000. But because you continue to do that 10 years down the road, actually your CPF will have already become more than $440,000, which is more than double. So if you are someone who wants to buy your dream home and you actually want your CPF to work hard for you so that you don't have to fork out, you don't have to really pay the mortgages by yourself, you can actually use investment as a form of using the return that in a way in your house is literally half of your mortgage is paid off. In fact, I do have friends that their mortgages are really paid off, half of it is paid off by their investment return from the CPF. It's a very, very smart way of doing that. But most people, they don't dare to invest in CPF because they don't really know how to invest. And when they do invest, they anyhow invest and of course end up losing money. And that is why I really want to make sure I share with you this way so that you can really start to think what you can do to invest your CPF money safely. If you want to invest your CPF money safely, please type S in the chat. S stands for safety. And I truly, truly believe that investing can be very safe as long as you do the right thing. And that's why I keep on getting yourself educated, attend our sharing, and that's how you are really going to learn more as well. Okay, very good. Now, let's take a look at if, for example, you don't invest your CPF. Remember just now as you invest your CPF about 15% per year kind of growth based on S&P 500 kind of return for the past 10 years, you will have actually doubled it from 200K to 400K. However, right now, if you don't invest, you just keep on putting your money inside CPF and you generate a 2.5% guaranteed return from the government, your $20,000 you still put it, and every single month you still continue to top out $1,500, what will your portfolio turn out to be 10 years down the road? Okay, the same duration of year, the same amount that you actually put in, what will your portfolio actually turn out? Now, let's take a look. You can see that 10 years down the road, your portfolio from original $200,000, it's only $227,000. That means in the past 10 years, literally your portfolio only grow by $27,000. That's it. And every single year, maybe that's additional 2K, $2,000 passive income per year, which is really, really little. And that's why it's so crucial for you to learn to start, to invest for yourself. Very good. That's right. So many people are talking about safety and this is what we are talking about. How to invest your CTF safely. And can we do so much better than this? Of course. All right. And that's why I really consider investing in S&P 500. But how do we do that? The question is, how do we do that? If you are familiar with investing using CTF, you will have realized that you can't really directly buy the US index. Because the government just doesn't allow you to do that. The only ETF that you can invest from your CTF, it's your local ETF, such as your STI index and whatsoever, which give you a very mediocre return. In fact, it's pretty flat over the years. And that's why I don't recommend you to go and buy that. And indeed, how can you actually invest in S&P 500 when this option is not available? Very simple. All you need to do is to invest in a unit trust. But guys, don't worry. This unit trust is not like the other unit trust that you generally know of, maybe promoted by your insurance agent, promoted by your bankers. They generally charge you a very high fees. And that's how they make money. And usually unit trust, they have a lock-in period. And how many of you hate that lock-in period? It's like, I put my money with you, and if I want to take it out right now, I will get penalty. Instead of having my full amount back, I actually get less. That's something I really hate unit trust about. It's like, why do you lock in for you at the same time they don't give you the kind of return and when you want to take out your money, you actually get charged so significantly for early termination. This is something that I really hate. And that's why the unit trust I'm going to share with you tonight, it's not the normal unit trust that your bankers or your insurance agent promote to you. Indeed, this unit trust, if you see all the way below, can you see that? It's called Infinity US 500 Stop Index Fund. So what does that mean is, basically, this fund, which is the unit trust, it just tracks the S&P 500. That's it. So you don't need to be very creative to know what is about, what is this unit trust about. Basically, it's just tracking the SPY index that I showed you just now. And that is why when a firm manager, when they don't need to be very creative in actively monitoring your portfolio, deciding, oh, should I buy this company more, or should I sell off this, when they have to do a lot of active decision, they're going to charge you a lot of money. However, when all they need to do is to track the index, they are basically just charging you very little fee, just to maintain the fund, just to make sure they can follow the market. And that's it. And that's why the fee, if you can see, you just do a very, very quick comparison. Can you see at the bottom, it's 0.7. As compared to all the other unit trust that you see, generally it's like 1.7% in terms of expense ratio, which is the amount of money that you need to pay for the firm manager to manage your fund. But right now it's 0.7 as compared to 1.7, which is a general benchmark. And that is why this unit trust is so much cheaper in terms of expense ratio, and you already save a lot. Later on, I will share with you, just by saving this 1%, what does that really mean, and how much more money can you actually make just by saving this additional 1% every single year. And this is the unit trust that I am sharing with you tonight. It's called US Infinity 500 stock index fund. And you can see that the exact portfolio that this unit trust is holding, so-called this fund is holding, it's the same as what you see just now in S&P 500, because what they do is just to track the index. And that is why the expense ratio is very, very low. And that's why when you are deciding what to invest, especially let's say ETF or unit trust, you really want to look into expense ratio. Can everybody, somebody just help me type expense ratio in the chat, and you don't want to invest in expense ratio that is more than 1%, because like I mentioned, everything that is more than 1% is actually considered quite expensive. And every additional percent that you pay, it literally just help to wipe up your profits by significantly, I'm not talking about small amount, but very significantly as you stretch your time long enough. And that's how some people, when they invest in unit trust, even after many, many years, at least five years or more, some people can still come and tell me they still lose money. Even though so-called the assets they buy are good assessed, they appreciate in value, but the fees that they pay, they pay so much fee and end up they still lose money. And that's why I really don't recommend. Yeah. All right. So yes, very good. So Harry is asking, what kind of platform do you need to use in order to buy this new Infinity 500? And in fact, Endowards is the only platform right now in Singapore that allow you to invest in Infinity 500 using CPF. Generally, if you want to buy into Infinity 500, you can use your cash for sure, no problem. But if you want to use CPF, that means you don't want to fork out any single cash, and you just want to make sure you grow your CPF in a very consistent manner safely. Endowards right now is the only way because you can see on the website, it's the only way to invest your CPF OA in this passive. Remember just now, the index is a very passive form. They just need to track the index and that's why it's very passive. And that's why it's also a very low cost fund that tracks the S&P 500, which is the Infinity 500 that I just mentioned about. And what I personally like Endowards about is they really have very low fees as compared to you buy through your bankers, through your insurance agent, because that is their philosophy. They don't really, they don't actually make money from trailer fee rebates. So what is trailer fee? Basically, when your bankers or your insurance agent, when they sell you something such as your unit trust or some of the funds available in the market, how do they make money as? They make money through trailer fee because when they, when these unit trust, when these funds sell through this third party, how third party make money as they so-called get referral fee, and that's how they make money, right? But Endowards, they actually don't want the trailer fee. They will actually rebate 100% trailer fee back to you. And what is trailer fee? Basically, this is just fund manager. They pay to the salesperson or the organization. Whenever they sell the fund to investors. And that's how most of the time, why you, when you buy unit trust outside from a third party, like let's say your insurance agent or your bankers, it's going to be way more, you actually pay a lot more fees because of this trailer fee. And this is why Endowards for them, they believe that this is an evil thing. In fact, if you think about it, I think they are really thinking on behalf of the customer and they really want to make sure they use this attractive point to get more people to come to their platform, which that's why I'm currently also using Endowards to invest my CPF. So if you pay, like for example, in general benchmark as if you pay 2% to the management, okay, in terms of your management fee, actually very likely half of it actually go to the person that sell to you, right? Be it your insurance agent, be it your insurance company or your banks, okay? And that's how they make money. And that's why for Endowards, they don't want to make money from this way and they actually rebate you back 100% of the trading fee, which I think is a fantastic philosophy that they hold. They are really having the same interest as us. And that's why I highly recommend you if you are thinking about investing your CPF, you can consider opening an account using Endowards. And later on, I'm also share with you what my own personal referral link, if you want to sign up, you also get $20 credit, okay? To waive off your some of the charges that definitely it will be incurred as you start your investment journey through Endowards using CPF, okay? Buying this $20 will come in handy. Now, let's take a look at apart from this, okay, rebating 100% of the trader fee, what other things I think it's pretty good? Especially there's no additional cost that it's involved, for example, no withdrawal fee, no set up fee, no sales charge, no transaction charge, which you know if you just buy a normal unit trust, right? Every time you change, every time they will charge you something. And that's how they make money, right? And that is why I feel that Endowards is a very transparent way in terms of their fees. And that's why I also feel that it's indeed a good way for you to start investing your CPF if you really want to save up your fees in the long run. Now, and just now if you still remember when I talk about that 1%, right? How would that make a difference is if you have a 1% difference assuming if your annual return is 7% versus 8%. After 30 years, from 7% to 8%, even though it's just 1%, if you just keep on compounding your wealth, right? At the same rate, 1% is 7%, 1% is 8%, after 30 years, your 8% is actually 240% more. That means you make 240% more money as compared to your 7%. So can you see that your 1%, eventually if you compound it with time, you are literally losing out 240% gain of your capital if you just keep on paying and paying and paying to the expensive unit trust that you are buying outside. And that's why every single percent that you're able to save, it will definitely save you and build your wealth so much bigger and faster in the long run. And that's why I say if you want to invest in anything, especially unit trust or ETF, make sure the expense ratio should be less than 1%. And that, it really makes sense for you to invest in the long run. And for endowers, their fees is usually 1 third of the industry average and that's why I like it. So what kind of investment that you can start using with endowers? There are three ways that you can do. You can use cash, you can use CPF or you can use the general investing. So for myself, I only do this, which is under FundSmart. And why do I want to select FundSmart is because general investing, that means it's endowers. They give you some recommendation. They help you to structure your portfolio and that's why you also need to pay more. Instead of 0.3%, it's 0.4%. So you pay more when you ask them to help you to structure your portfolio. However, I think at the end of the day, if you don't get too creative in your portfolio construction, especially you just want to do a very safe way of investing, dollar-cost averaging, investing in the S&P 500 just now is really a no-brainer way. And that's why you construct your own portfolio. You just buy 100% into the US Infinity 500. That's it. Your 100% of your portfolio is basically structured by yourself. You just need to buy the Infinity 500. And that's why because they don't need to actively manage for you, you are just building your own portfolio. They charge you less fee, which is only 0.3% in terms of the management fee, which I think is decent. And later on, for those who want to have a step-by-step guidance, step-by-step guidance in terms of what should I click, how should I make sure I navigate through the Endowers platform step-by-step, what should I do? Then make sure you watch my YouTube video because in my YouTube video, the second half of my video, it's all about navigation through Endowers. So all you need to do is go to rebrand.ly slash Aligato Investor. Go to my YouTube channel. You will be able to find my latest video, which I just released yesterday about Endowers navigation. So this is exactly what I did for my own personal CPF investment portfolio. And you can really see it, how you can do it for your own as well. All you do is go and set up an account and follow step-by-step, you will be able to know how can you invest your first CPF using Endowers. Now, because why are we doing this sharing is because after I release my YouTube video, a lot of people coming with additional questions. For example, what are the assess fees? Are there any additional fees going to be incurred? And that's why I want to do this sharing so that more people are aware of the fees that may incur so that you can make a better investment decision. So firstly, like I mentioned earlier, how Endowers make money is actually they just make money through assess fees. So what is assess fee is they are basically being charged every quarter based on your portfolio total assets under their advice. So what is their advice? So depending on you, if you want their advice, then you can go for the general investing. If not, like I mentioned before, even though you choose one spot, you've built your own portfolio, they still consider it to be under their advice because we are using that platform. And that's how they will be charging you the 0.3% in terms of the assess fee. So based on your portfolio, how big it is, they will charge you 0.3% based on your portfolio, the size itself. Using CPF or SLS doesn't matter. As long as we are investing through Endowers, there will be this assess fee, which is 0.3%. So I think it's very decent as compared to buy through your insurance agent or your bankers and stuff. Now, how much fees do you need to pay to invest in your CPF? Apart from the assess fee that I just mentioned just now, it's not 0.4%, it's 0.3% if you built your own. So this should be 0.3% for your case as well if you are following my method. And the second thing is there are some additional agent bank charges, not by Endowers, but by your bank. Depending on your opening up your CPF investment account with DBS, UOB, OCBC, definitely your banks will charge you a certain amount of money. So based on different banks, there can be different transaction fees for $2 to $2.50 per transaction. However, if you are opening an Endowers account and if it's the first time that you are investing using CPF, actually they do have a tie-up collaboration with UOB-KHIN and actually they will give a better charges. UOB-KHIN will give you a much better charges as compared to what is shown right now. So you can go and find out more, you can go and open and CPF link account to your UOB-KHIN instead. So you can think about that. And okay, is there any lockup period when it comes to investing in CPF through Endowers by buying the Inventive 500 unit trust? The answer is no, alright. You don't need to have any minimal lockup period if you want to sell away your Inventive 500, you can anytime do so. But of course, there's certain time needed such as like 2 to 3 working days, that's it. And there's no additional fees being charged when you sell off. When you make profit, that means the profit is yours. And of course, if you are too short-term, sometimes the market can be very volatile and that's how if you are a very short-term investor, then I think this may not be a very, very good suggestion for you. It may not be a very good way for in terms of investing because when I'm talking about this, it's really about long-term, okay? Can everybody type LTE in the chat? LTE stands for long-term. And if you really want to be a successful investor, you really need to start thinking long-term as well, including your CPF. And that's why don't go and buy and sell, buy and sell your Inventive 500, it's not going to be making you money very consistently if you are doing that. However, when you're talking about long-term, okay, doing dollar-cost averaging every single month just keep on adding a little bit more money to buy into S&P 500, that's how you're going to build up your wealth exponentially and substantially as well given time, alright? So then after that, if you're happy with the profits, if you want to take out, actually you can't really take out your CPF money, but if you really just want to make sure you realize the profit and go back to your CPF, you can just sell it off and there will not be charges, okay, according to that. So some of you may be wondering, oh, so what if after I sell off my investment, do CPF will charge me for the interest fee because I know when you guys buy house using CPF and we sell off your house, right, you actually so-called need to pay back the accrued interest back to CPF. So the good thing about investing through CPF by buying like stocks or buying like I just mentioned the Inventive 500 funds, basically you don't need to pay back, okay, so there's no accrued interest, this kind of additional hidden expenses, okay. So basically this is a very, very no-brainer way of investing, basically you don't have to borrow money from CPF, they don't charge you extra, they just let you to invest and that's why actually the government do encourage people to start investing just that most of the time people in Singapore they are not aware of how they can invest their CPF money safely and that's why they just tend to just put it with the government actually the government in terms of the rules and regulations here, it actually really encourages investing and you can see from the way that they give you this, okay, this is a very very good benefit, you don't need to pay back additional accrued interest even though you make profits, okay, so that's a very good thing. Now, so for those who are really thinking about investing through CPF like I mentioned earlier then this is where you can go and create your own $10 account so you can use my link, if you have your friends link or relative link maybe you can use theirs, if not you can use my link so that you can get yourself a $20 assessed free credit and when you use this assessed free credit, what does that mean as do you remember, every quarter and $10 will base on your portfolio how big it is, for example let's say it's a $10,000 portfolio so a 0.3% of $10,000 will be charged for the management fee the assessed fee and that's how you can actually use your $20 to waive that of the charge and that's what I think is good if you are really thinking about long term then every single sense that you save will be a good investment for you so you can go to rebrand.ly slash and towers then to create your own account and somebody can also help me to just type this link inside the chat so that people can just click and after that go and open account so what you can do is, you can see once you click this link, you can also see that I'm inviting you and then you can see the $20 in assessed fee, it's kind of like equivalent to about $10,000 portfolio in terms of the fees that they will charge you every quarter which I think it's quite reasonable in terms of long term investing and long term wise, if you think about S&P 500 it's giving you about at least 10% kind of return so if you ask me in terms of the expense ratio of the S&P 500 it's about 0.7, remember 0.7 plus and doubt us it's 0.3 since we are creating our own portfolio just nice it actually makes up 1% and that is why I say when you choose an investment product especially it's a fund or ETF you want to make sure it's 1% and below and that's how these really satisfy our investment objective we don't want to pay too much money for the funds and that's how you are really going to save yourself a lot more money in terms of the fees you are going to pay in the long run and on top of that you are going to make so much more profit because every single year when you save, every single year you are going to compound your wealth even more now, so some of you may be wondering oh then should I be investing my cash true and doubt us as well so what do you guys think that you can invest your cash true and doubt us the thing is definitely you can however would I recommend that I personally know because you know that using cash cash is a very powerful way of investing and you can actually generate way better return as compared to just putting it in the S&P 500 so if you want to use cash then I would suggest you either just fund it into your brokerage account could be your PD Ameritrade can be your Moomoo platform or doesn't matter and then you can actually use the cash to invest in either stocks or if you want to buy S&P 500 directly also okay so you really don't need to go true and doubt us if you are just using cash so that's in my opinion now let me go back to my slides okay so I am going to end this sharing very soon if I have any questions just put it in the chat then I can go along along the way alright so like I mentioned earlier I do not invest my cash to and doubt us I only invest my CPF and the reason why I choose and doubt us to invest my CPF is because currently this is the only platform that allows me to buy into the infinity 500 and that's in my opinion that's kind of the best way to invest your CPF and you are getting so much higher return as compared to either investing in the STI index or generally the performance of the stock price in Singapore they are also not very good as well and that's why if you are more bullish towards the US and I really think that US is a better way in terms of investing as well now so for those who are wondering exactly how can you use your cash better to invest then for those who are interested have not learnt anything about investing before then you can consider joining me in my two hour free options foundation class basically I use my cash to invest majority in option as well as stocks in the US so if you want to learn about stock investing as well as option investing on Thursday evening which is two days later I am actually conducting a two hour workshop live so you can join me just go to this link rebrand.ly slash OIS workshop I will share with you in fact a strategy that allow you to actually profit doesn't matter the market is going up doesn't matter it's going sideways or even right now the market is having volatility is going downward how can we actually protect your portfolio protect your hard earned money even during a downturn like this okay and that's why it's a very powerful option strategies once you start to realise that how you can use options in a very very safe manner you are able to generate consistent income regardless of market condition and that's why for those who have not attended Options Millionaire Intensive before which is our three day flagship program then you can come here to learn about the options foundation class because I am really sharing in a very very beginner friendly manner so that even though you are a complete beginner you are going to understand options and you are able to see how exactly do you want to use this investment vehicle to propel your ROI forward as well as to go and register and I will see you on Thursday okay because tomorrow I'm having a break so it will be on Thursday so for those who are interested in now let me see do we have any more questions if not I'm just going to wrap up this webinar very soon if you have questions feel free to ask me I can see about close to 100 of you watching here alright so Henry do you have to sign up platform yes like I mentioned earlier you can sign up through and tell us alright and then any more questions alright if not okay I'm just going to share with you guys okay if you want to actually follow me on my telegram channel also can because I constantly do a lot of updates inside there all you need to do is to go to t.me slash Aligato investor then you will be able to see some additional investment inside including some of the recent you know stock markets giving us a lot of great opportunities in fact I also share some of the opportunities that I am seeing right now so for those who are very very keen to learn about options investing as well I will also share with you some of my option strategies as well as some of the options trades that I personally do inside as well so you can feel free to follow me alright if not okay I feel that you guys have no questions today I think a CPF is something that is very very simple okay not nothing complicated alright and more all you need to do is to make sure you start taking action alright because only when you take action will you be able to really start to compound your wealth including your CPF as well alright so with that I wish everybody a great great evening and for those who are very new to options if you want to come and learn then join me on Thursday and I will see you in the workshop as well alright and let's all have to share alright goodnight everybody see you guys see you thank you bye bye