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02-02-2013, 02:27 PM
(02-02-2013, 01:39 PM)wee Wrote: Following up on D.O.G's point that CPF is either enough or not enough to fund retirement:-
Even if CPF is enough, the government would still need tax revenue to provide for people in retirement? These old folks would pay less tax in retirement, yet someone would still need to pay for their subsidised medical care, defence, etc?
i don't think so. GST has taken care of "everythings". Even if you are a pauper in the street, "GOH SAYS TAX". Like it or not you have to pay as you have to eat to live.
What's the problem? i am sure Papys are thinking of increasing and will be increasing GST sooner than later. This times of course Papys will say it is to subsidise their million $ pay as they have work very hard for Sink aporeans. HA! HA!
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.