19-06-2014, 09:33 PM
(19-06-2014, 06:02 PM)specuvestor Wrote: DPS is not the same as HPS which is for HDB payment insuranceI have never use DPS before. I understand it is compulsory as long as you have mortgage on your HDB. Right? Or not compulsory?
DPs is like a death policy. I am not sure why CPF system was not able to pick up the fact that chongsk children started contributing to CPF.
Sorry what's HPS? i have not come across.
My point is why my son need to DPS when my HDB is fully paid?
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.