MR MPF Blog
Are people wrong about MPF performance?
Last week, Mr MPF had the pleasure of sharing the Institute of Financial Planners of Hong Kong’s (IFPHK) 2024 annual conference stage with two of Hong Kong’s leading and unconstrained free-thinking financial services personalities, Paul Gordon, author of “Spenditude: A life changing attitude to money”, and Kevin Li the General Manager and Head of Hong […]
Does the “Blame Game” reveal itself in MPF?
Mr MPF doesn’t profess to have all the answers but Mr MPF is curious and recent curiosity led to me to a series of stories about the “Blame Game”, how constant blaming of others rather than taking responsibility for our personal actions prevents us from gaining control of our lives. I got thinking, does the […]
“Death by a 1000 cuts” sounds painful by being financially “whipsawed” is worse because it cuts both ways
Before the invention of the electric chain saw and Environmental, Social and Governance (ESG) considerations gained sustainable investing prominence, a long narrow bladed saw that cuts both ways called a Whipsaw was used for logging. Rather aptly, the Whipsaw was also dubbed the “misery whip” because a day of using a saw that cut both […]
Become a millionaire while sleeping
Recently the regulator of Hong Kong’s mandatory pension fund (MPF) system, the Mandatory Provident Fund Schemes Authority (MPFA) released “provisional data on MPF investment returns” and in doing so reiterated that “MPF is a long-term investment spanning over 40 years”, encouraged scheme members to “not adopt a short-term investment approach” while also imploring MPF’s 4.75m […]
Leap into Greatness
19th March 2024 When we think of success we don’t think “backwards” or “downwards”; rather it’s “onwards and upwards” and no event epitomized this idiom better than the 1968 Mexico Olympic games where a powerfully built American, Bob Beamon rose to a height of 6 feet before projecting himself 29 feet forward to win the […]
When good is good enough
31st January 2024 There are not many certainties in life but one thing you can be certain about are that market predictions will be made at the beginning of every year and there’s little certainty they’ll be right. MPF members are predicting that US equities will continue to rise in 2024. Recent MPF fund flow […]