Wednesday, 16 June 2010 02:43
Hi all,
it is just released that Central Provident Fund (CPF) members will continue to receive interest rate of 4 per cent per annum on their Special Account (SA) and MediSave Account (MS) until 30th September 2010.
From 2008 onwards, the interest of SA and MS has been pegged to the average 12-month yield of 10-year Singapore Government Securities plus 1 per cent, adjusted quarterly.
Currently, it is 3.59 per cent. But since, this is below the minimum rate of 4 per cent, it will remain 4 per cent until 30th September 2010.
From next year onwards, the minimum rate for all accounts will be at 2.5 per cent instead...
Max Tay
www.CashFlowGame.com.sg
Sunday, 23 May 2010 21:46
Dear all franchisees!!
Its been 2 weeks since the last post. Within these 2 weeks, following the "glitch" in the Wall St system that caused a plunge in the market, the Europe crisis follows tightly after. With lots of uncertainty in the economy of Europe, currency pairs related to EUR, GBP and AUD has been dropping like a bad case of diarrhoea. But despite the volatility of the market, it doesn't really concern us when it comes to SMART Way of Trading as its just that simple. There had been a total of 8 trades so far for the past 2 weeks and we have manage to break even on the winning and losing of trades but ultimately emerge with some winnings :) Again kudos to the SMART Way of Trading! This last week of May will be interesting to look at and see how we will fare overall in the month of May with 2 trades happening now as I'm typing. Cheers and have a great week ahead!
SMART TRADER
Come play your way to financial freedom with us!! www.mycashflowgame.com
Sunday, 09 May 2010 06:34
Hi all Franchisees~!!
Happy mother's day to all mums out there!! The first week of May started boring, with no trades for SMART Way of Trading. The week was spiced up abit (for me at least) when what seems like an error on Wall St trading system caused a ridiculous plunge in all markets on Thurs!! Causes of the unusual plunge remains unknown but just as we were going to end the week with disappointment, the universe answered our calls to give us FOUR inside days on Monday morning!! Its being a while since we got 4 inside days within the same day.
So get ready your alarm clocks and wake up early for an exciting Mon morning!! No more Mon blues! hahaha. Let's all manifest for all a profitable day week and month ahead!! Huat ah! Cheers~! ^_^
SMART TRADER
Come play your way to Financial Freedom with us now~! www.mycashflowgame.com
Monday, 03 May 2010 03:14
Dear all franchisees!
Its your SMART Trader here again! ^_^ How was Labour Day for all of you??
For the last 2 weeks of April 2010, the trades went for an early Labour Day 1 week break (meaning no trade for the whole week) before coming back on the last week with 5 trades in total. 3 losing trades and 2 winning trades. This is one of the first losing week since I started blogging as SMART Trader but definately not the last! That is why in CFWA, the cashflow concept which Robert Kiyosaki came up with, depend not just on one source of income for us to achieve our financial freedom! In case times like this happen :) Nevertheless, overall in the month of April 2010, we ended the month with close to a break even month. Well, as a trader myself, I always believe in this, not losing BIG money is half the battle won :)
Ok, its a brand new month and I've gotta feeling, that this month is going to be a great month! So let's all manifest for it! Cheers~~!
SMART TRADER
Come play with us to your financial freedom! www.mycashflowgame.com
Friday, 16 April 2010 18:41
Dear all Franchisees,
the week started fantastically well for our new franchisees who have just finished their advance training and got started on the SMART Way of Trading! With 2 winning trades this week from GBPUSD and USDJPY, most people hit a 6-7% returns just this week alone! Its this great or fantastic? ^_^
But as usual, there are some lessons to be reminded of. Firstly is the removal of the trades that were not engaged the next day morning. It is very important to be up and removing the trade as it can cause you to lose money. Although at times people do win money because they forgot to remove the orders, BUT!! We rather NOT make any money than to lose money!!! Reason being every extra losing trade you get, it will take you twice the effort to get you back on track with the rest of the franchisees. Totally not worth it. So do remember to wake up the next day morning to remove the order!
Last but not least, despite the winning streak this week, PLEASE do not get too emotionally attach to the wins as this is just part of the system working. Do remember the CASINO theory that there WILL ALWAYS BE LOSSES at times, but in the LONG RUN, we will see more winning than losses. So let's focus on the PLAN and just move on and follow the system!
Cheers~!
SMART TRADER