Homepage
PR Newswire
29-02-2012, 10:43 AM
(This post was last modified: 29-02-2012, 10:54 AM by Contrarian.)
> Let's 1st ask the PAPAYA to increase our CPF's interest rate of return.
They are already being very generous. Pay u 2.5% and 4% respectively.
What u should ask, is review their land policy pricing... So the HDB brand new flats are reduced downwards and couples pay down over 20 years instead of 35 yrs. So we have flat and CPF build up from 40+ years.
And the remaining CPF, use it to invest in good stocks.
I waited patiently and bought Raffles Medical, Yanlord, Keppel Land. It's a 40 - 150% return now.
As for my SRS which I kept adding till I stopped last year, it's a 100% return...
So in good times, look for great stocks. In bad times, empty your cartridge, simple as that.
> At 55 years old, allow the citizens to buy an annuity and let them have some money to tie over their
> expenses immediately and not wait until 62 years old. The annuity should be peg to the public
> financial scheme which is about $400.
> Hope they could change the CPF system for the better.
Simply buy a good stock with solid cash flows... SIA Engineering and Starhub are good bets now. SIA Engineering is a solid bet next 5 years.
No scheme is good for all... key is knowledge... but some citizens expect govt to do everything for them... its a reliance mentality
They are already being very generous. Pay u 2.5% and 4% respectively.
What u should ask, is review their land policy pricing... So the HDB brand new flats are reduced downwards and couples pay down over 20 years instead of 35 yrs. So we have flat and CPF build up from 40+ years.
And the remaining CPF, use it to invest in good stocks.
I waited patiently and bought Raffles Medical, Yanlord, Keppel Land. It's a 40 - 150% return now.
As for my SRS which I kept adding till I stopped last year, it's a 100% return...
So in good times, look for great stocks. In bad times, empty your cartridge, simple as that.
> At 55 years old, allow the citizens to buy an annuity and let them have some money to tie over their
> expenses immediately and not wait until 62 years old. The annuity should be peg to the public
> financial scheme which is about $400.
> Hope they could change the CPF system for the better.
Simply buy a good stock with solid cash flows... SIA Engineering and Starhub are good bets now. SIA Engineering is a solid bet next 5 years.
No scheme is good for all... key is knowledge... but some citizens expect govt to do everything for them... its a reliance mentality