Posts: 4,055
   
Threads: 53
    
Likes Received: 1,063 in 829 posts
Likes Given: 1
Look like this year election will be a walkover, ie no candidates qualify to run against current president. If not why this now.
Employee: Increase of 2k at 20% mean take home $400 lesser
Employer: Increase of 2k at 17% mean additional contribution of $340. More importantly, mean employer will crawl this amt back from employee via lower salary increase and bonus.
Thx u govt.
1. I have served the nation in a combat unit for 2.5 + 10 years. I had fulfilled my duty as a citizen, but has the country do it's part for me?
2. I don't know where the threat of CCP is, but I know the threat of CECA is already at my doorsteps
3. I had been called a CCP, JHK, Pinoy, but they never called me a CECA..
>
Posts: 2,694
   
Threads: 2
    
Likes Received: 410 in 365 posts
Likes Given: 188
cpf can form a national investment safety fund to invest in singapore only.
like keep cash and wait for the next big fall. after that just buy the big 3 banks, singtel, these will give cash dividend more then the 2.5% interest for the oridnary account. since buy during crash sale time price no need to worry about capital lost. will have capital gain over time due to business growth. MAS will take care that they exist.
the fund will help stabalised the in/out movement of foreign hot money fund. also act as a ready for those shorts who write report to force price down to get their profit. remember not to do hard shelf , short or wait to buy at low price , accumulate then push up to let lousy shorts beaten pain pain. if this is not ready when any attack on tm or gic will be terrible. don't imagine it cannot happen. they even try to raid hk and uk before.
Posts: 2,694
   
Threads: 2
    
Likes Received: 410 in 365 posts
Likes Given: 188
increasing cpf ceiling is increasing pay for those affected. money in cpf is like tax but put back into individual account. it reduces pressure on inflations. only downside is increased cost for business. most sme not affected as this type of pay range mostly for directors and special skill pmet. gov and related body most affected as they are the big pay master.
Posts: 8,643
   
Threads: 0
    
Likes Received: 2,729 in 2,375 posts
Likes Given: 496
me is super happy when I look at my cpf statement cause I'm a millionaire.
Posts: 25,662
   
Threads: 3,471
    
Likes Received: 3,704 in 3,174 posts
Likes Given: 2,696
(15-02-2023, 08:49 AM)K88 shu shu Wrote: me is super happy when I look at my cpf statement cause I'm a millionaire.
You have been happily cheated while Temasek reported ROI 24% in previous year.
Posts: 25,662
   
Threads: 3,471
    
Likes Received: 3,704 in 3,174 posts
Likes Given: 2,696
.
CPF Board has the largest AuM over S$500 billion but ITS not reported in contributing anything to GDP.
(This post was last modified: 15-02-2023, 09:11 AM by
Scythian.)
Posts: 25,662
   
Threads: 3,471
    
Likes Received: 3,704 in 3,174 posts
Likes Given: 2,696
(15-02-2023, 09:09 AM)Scythian Wrote: .
CPF Board has the largest AuM over S$500 billion but ITS not reported in contributing anything to GDP.
"In a message, Temasek's chief executive Ho Ching proclaimed that investment returns by Temasek, GIC and the Monetary Authority of Singapore (MAS) are the “single largest contributor” to Singapore's budget.23 Jan 2019"
https://www.google.com/search?q=temasek+...ors+to+GDP&oq=Temasek+CEO+Ho+Ching+says+GIC&aqs=chrome.1.69i57j69i59l2.20404j0j4&client=ms-android-oppo-rvo3&sourceid=chrome-mobile&ie=UTF-8#:~:text=In%20a%20message,23%20Jan%202019
(This post was last modified: 15-02-2023, 09:12 AM by
Scythian.)
Posts: 3,108
   
Threads: 550
    
Likes Received: 587 in 472 posts
Likes Given: 74
700 x 300k
at least 300,000 earn 8k and above
2.5B a year to cpf
and to team to play
Posts: 13,336
   
Threads: 90
    
Likes Received: 2,669 in 2,280 posts
Likes Given: 301
give chicken wings
take back whole chicken
Posts: 19,772
   
Threads: 546
    
Likes Received: 4,579 in 4,080 posts
Likes Given: 474
(15-02-2023, 08:49 AM)K88 shu shu Wrote: me is super happy when I look at my cpf statement cause I'm a millionaire.
Are you minister Lim Swee Say or Jac Lau..................?
Posts: 46,546
   
Threads: 2,780
    
Likes Received: 6,554 in 5,712 posts
Likes Given: 4,281
(15-02-2023, 09:09 AM)Scythian Wrote: .
CPF Board has the largest AuM over S$500 billion but ITS not reported in contributing anything to GDP.
You are coming back to Sg meh?
Posts: 25,662
   
Threads: 3,471
    
Likes Received: 3,704 in 3,174 posts
Likes Given: 2,696
(15-02-2023, 01:19 PM)cityhantam Wrote: You are coming back to Sg meh?
With SWF, GIC substantially depending on our pension funds, every CPF member thought that CPF Board must be the only biggest contributor to Singapore GDP..
How come it's not?
Posts: 46,546
   
Threads: 2,780
    
Likes Received: 6,554 in 5,712 posts
Likes Given: 4,281
(15-02-2023, 01:23 PM)Scythian Wrote: With SWF, GIC substantially depending on our pension funds, every CPF member thought that CPF Board must be the only biggest contributor to Singapore GDP..
How come it's not?
Are you coming back to Sg?
Pls answer a simple question!
Posts: 25,662
   
Threads: 3,471
    
Likes Received: 3,704 in 3,174 posts
Likes Given: 2,696
(15-02-2023, 01:32 PM)cityhantam Wrote: Are you coming back to Sg?
Pls answer a simple question! 
.
Yes
Often for general meetings
Posts: 7,191
   
Threads: 244
    
Likes Received: 2,175 in 1,895 posts
Likes Given: 1,860
$250 already pathetic amount for payout, $350 is an insult.
>
(This post was last modified: 15-02-2023, 09:49 PM by
ODA TETSURO.)
Posts: 25,662
   
Threads: 3,471
    
Likes Received: 3,704 in 3,174 posts
Likes Given: 2,696
(15-02-2023, 09:49 PM)ODA TETSURO Wrote: $250 already pathetic amount for payout, $350 is an insult.
How pensioners age 65 and above can survive with $350 a month in Singapore, the world most expensive country?
Far beyond imagination.
Are Singaporeans really so stupid?
(This post was last modified: 16-02-2023, 05:32 AM by
Scythian.)
Posts: 25,662
   
Threads: 3,471
    
Likes Received: 3,704 in 3,174 posts
Likes Given: 2,696
(15-02-2023, 09:22 AM)grotesqueness Wrote: give chicken wings
take back whole chicken
CPF Board diagnosed critical constipation
Today's higher cost of living.
Shows something is very wrong with changes in CPF system
(This post was last modified: 16-02-2023, 06:20 AM by
Scythian.)
Posts: 21,364
   
Threads: 2,499
    
Likes Received: 5,552 in 4,723 posts
Likes Given: 768
(15-02-2023, 08:49 AM)K88 shu shu Wrote: me is super happy when I look at my cpf statement cause I'm a millionaire.
They are even more happier than you as they do not need to see the CPF already multi millionaire.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
>
(This post was last modified: 16-02-2023, 06:03 AM by
RiseofAsia.)
Posts: 25,662
   
Threads: 3,471
    
Likes Received: 3,704 in 3,174 posts
Likes Given: 2,696
(15-02-2023, 09:22 AM)grotesqueness Wrote: give chicken wings
take back whole chicken
B4 giving back, poisoned the chicken
Posts: 7,191
   
Threads: 244
    
Likes Received: 2,175 in 1,895 posts
Likes Given: 1,860
(15-02-2023, 11:03 PM)Scythian Wrote: How pensioners age 65 and above can survive with $350 a month in Singapore, the world most expensive country?
Far beyond imagination.
Are Singaporeans really so stupid?
White ministers very rich, give their parents thousands of dollars per month, $350 is just abit of little bonus. This is their mentality for ALL Singaporeans.
Users browsing this thread: