Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
21-04-2013, 03:22 PM
(This post was last modified: 21-04-2013, 03:37 PM by Temperament.)
(21-04-2013, 02:49 PM)freedom Wrote: (21-04-2013, 02:33 PM)Jared Seah Wrote: Woah!
Mr Freedom,
1) What purpose would it serve to cut CPF interest rate to 0.5%? Scratching my head...
2) Do you talk like that to your parents at home? You paying for their retirement?
Drink water remember the source,
Jared Seah What I am talking about is a general social system. Surely invidual cases such as if my own parents ask me for money, no matter how I will give.
What I am talking about is a different matter. It has nothing to do with respects but fairness. Society in general is fair. No younger generation should pay for mistakes of earlier generation. So now the long term interest rate is low that the retirees don't have enough. To complain is not the solution.
As for the other question. It is difficult for cpf to maintain higher interest rate if it can't obtain that kind of return. It only means someone is subsidizing. Sure, it is not the government as it does not does make money. The only logical one would be the working class. Wait a minute!
Please check what our next door neighbour (Malaysia) EPF's interest rate is paying all these years. And why CPF return can't be more like EPF ? Isn't Papies claim GIC & Tamasek are making "handsome" returns? So is HDB, LTA, etc.... and not forgetting the yearly BUDGET SURPLUS into the $Billions. What BS if our Country is poor how to keep on paying our $Millionaire minsters and some civil servants? What BS!?
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.
Posts: 141
Threads: 0
Joined: Nov 2011
Reputation:
3
21-04-2013, 03:52 PM
(21-04-2013, 02:30 PM)Temperament Wrote: (21-04-2013, 02:15 PM)cfa Wrote: Papies always say, we need more young to work and support the olds who are not contributing to GDP. How the young is subsidizing the retired folks ?
Oh i see!
You still believe what the Papies say? You will die slowly. i mean you will starve to death slowly.
Tell me is it the working youngs subsidising the retirees by paying high income tax like some more social equitable countries? Or the young to work to support the Elites and the Papies?
All of us support ourselves (including you in future) with our own CPF MS.
But your MS has to be pooled and become forced "Annuity Scheme" So pray tell me how the working youngs are supporting the retirees? No the young are the slaves of Papies, to me.
At times, I disagreed to your opinions but your this statement speak well. Thumb up!
失信于民,何以取信于天下...
Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
(21-04-2013, 03:52 PM)VIChris Wrote: (21-04-2013, 02:30 PM)Temperament Wrote: (21-04-2013, 02:15 PM)cfa Wrote: Papies always say, we need more young to work and support the olds who are not contributing to GDP. How the young is subsidizing the retired folks ?
Oh i see!
You still believe what the Papies say? You will die slowly. i mean you will starve to death slowly.
Tell me is it the working youngs subsidising the retirees by paying high income tax like some more social equitable countries? Or the young to work to support the Elites and the Papies?
All of us support ourselves (including you in future) with our own CPF MS.
But your MS has to be pooled and become forced "Annuity Scheme" So pray tell me how the working youngs are supporting the retirees? No the young are the slaves of Papies, to me.
At times, I disagreed to your opinions but your this statement speak well. Thumb up! Welcome to disagree or agree with me. Just don't get "physical" when you disagree with me. O. K. ! As i am an old man; sure to lose one as i am no Taichi Master like Miss SMRT (Miss Saw). 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.
Posts: 8,305
Threads: 496
Joined: Jul 2011
Reputation:
60
(21-04-2013, 03:57 PM)Temperament Wrote: (21-04-2013, 03:52 PM)VIChris Wrote: (21-04-2013, 02:30 PM)Temperament Wrote: (21-04-2013, 02:15 PM)cfa Wrote: Papies always say, we need more young to work and support the olds who are not contributing to GDP. How the young is subsidizing the retired folks ?
Oh i see!
You still believe what the Papies say? You will die slowly. i mean you will starve to death slowly.
Tell me is it the working youngs subsidising the retirees by paying high income tax like some more social equitable countries? Or the young to work to support the Elites and the Papies?
All of us support ourselves (including you in future) with our own CPF MS.
But your MS has to be pooled and become forced "Annuity Scheme" So pray tell me how the working youngs are supporting the retirees? No the young are the slaves of Papies, to me.
At times, I disagreed to your opinions but your this statement speak well. Thumb up! Welcome to disagree or agree with me. Just don't get "physical" when you disagree with me. O. K. ! As i am an old man; sure to lose one as i am no Taichi Master like Miss SMRT (Miss Saw). Ha! Ha!
bottomline - still got to 3M - Make More Money
Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
(21-04-2013, 04:58 PM)greengiraffe Wrote: (21-04-2013, 03:57 PM)Temperament Wrote: (21-04-2013, 03:52 PM)VIChris Wrote: (21-04-2013, 02:30 PM)Temperament Wrote: (21-04-2013, 02:15 PM)cfa Wrote: Papies always say, we need more young to work and support the olds who are not contributing to GDP. How the young is subsidizing the retired folks ?
Oh i see!
You still believe what the Papies say? You will die slowly. i mean you will starve to death slowly.
Tell me is it the working youngs subsidising the retirees by paying high income tax like some more social equitable countries? Or the young to work to support the Elites and the Papies?
All of us support ourselves (including you in future) with our own CPF MS.
But your MS has to be pooled and become forced "Annuity Scheme" So pray tell me how the working youngs are supporting the retirees? No the young are the slaves of Papies, to me.
At times, I disagreed to your opinions but your this statement speak well. Thumb up! Welcome to disagree or agree with me. Just don't get "physical" when you disagree with me. O. K. ! As i am an old man; sure to lose one as i am no Taichi Master like Miss SMRT (Miss Saw). Ha! Ha!
bottomline - still got to 3M - Make More Money Ha! Ha!
Another good one from you. And easy to remember too. Only thing is
3M happy about your "interpretation"? i bet they must be laughing away but only behind your back, of course. 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.
Posts: 1,343
Threads: 49
Joined: Nov 2010
Reputation:
7
3M--Good one . 
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Posts: 8,305
Threads: 496
Joined: Jul 2011
Reputation:
60
(21-04-2013, 05:56 PM)Temperament Wrote: (21-04-2013, 04:58 PM)greengiraffe Wrote: (21-04-2013, 03:57 PM)Temperament Wrote: (21-04-2013, 03:52 PM)VIChris Wrote: (21-04-2013, 02:30 PM)Temperament Wrote: Oh i see!
You still believe what the Papies say? You will die slowly. i mean you will starve to death slowly.
Tell me is it the working youngs subsidising the retirees by paying high income tax like some more social equitable countries? Or the young to work to support the Elites and the Papies?
All of us support ourselves (including you in future) with our own CPF MS.
But your MS has to be pooled and become forced "Annuity Scheme" So pray tell me how the working youngs are supporting the retirees? No the young are the slaves of Papies, to me.
At times, I disagreed to your opinions but your this statement speak well. Thumb up! Welcome to disagree or agree with me. Just don't get "physical" when you disagree with me. O. K. ! As i am an old man; sure to lose one as i am no Taichi Master like Miss SMRT (Miss Saw). Ha! Ha!
bottomline - still got to 3M - Make More Money Ha! Ha!
Another good one from you. And easy to remember too. Only thing is
3M happy about your "interpretation"? i bet they must be laughing away but only behind your back, of course. Ha! Ha!
No worries about the Giant's "interpretation" - how about M3 - don't have to worry about the scotching sun even if you forget to bring the red umbrella. M3 definitely won't let you see stars...
|
Homepage
PR Newswire
