19-04-2020, 10:43 AM
(18-04-2020, 09:22 PM)holymage Wrote: Franking speaking, retirees have no excuse to put their retirement savings into stocks, to depend on dividends for income (with the measly 3-4% yield), when CPF retirement accounts yields 2.5-6%. Should there be capital losses, it is on their greed or ignorance.
This measly yield of stocks including trusting one's hard-earned tax deducted money to strangers does the job to amplify the yields of the CPF with no capital loss. It is certainly a "win" for CPF at 4.3% of mine.