27-07-2022, 09:51 AM
GIC posts stable real return above inflation
READ: https://str.sg/wEtJ
READ: https://str.sg/wEtJ
![](https://i.imgur.com/CLvY2jA.png")
GIC posts stable real return above inflation
27-07-2022, 10:20 AM
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Borrowing cheap CPF savings to invest
Paying nothing from investing profits /and ROI to CPF members
Borrowing cheap CPF savings to invest
Paying nothing from investing profits /and ROI to CPF members
![[+]](https://sgtalk.net/images/bootbb/collapse_collapsed.png)
27-07-2022, 10:35 AM
Can they just just manage the CPF and give us the returns.
Why have such a structure.
They said the it helps to fund the budget.
Why should our CPF be handed to GIC and used to make up short fall in budget. Budget should be funded with taxes . And this way of financing the budget is subsidising the rich with lower progressive tax.
It is done at the expense of Singaporeans' retirement.
Why have such a structure.
They said the it helps to fund the budget.
Why should our CPF be handed to GIC and used to make up short fall in budget. Budget should be funded with taxes . And this way of financing the budget is subsidising the rich with lower progressive tax.
It is done at the expense of Singaporeans' retirement.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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