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They invest overseas, some investment lost money, some make and those that they make more that 2.5%, they pocket those and never return back to cpf shareholders
8
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(18-02-2024, 10:23 PM)klat Wrote: They invest overseas, some investment lost money, some make and those that they make more that 2.5%, they pocket those and never return back to cpf shareholders
CPF Board AuM (Assets Under Management) of over S$500 billions were managed and invested by Singapore Govt appointed SWF, GIC .
If our CPF savings were deducted from GIC AuM, GIC becomes very small.
Last 5 years, GIC performed mediocre
(This post was last modified: 19-02-2024, 03:19 AM by
Scythian.)
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(18-02-2024, 08:18 PM)Scythian Wrote: Singapore pensioners are very disturbed by Govt sudden closure of CPF SA
Why CPF management cannot invest our savings like Norwegian SWF did?
Only 2% rich sinkies put money in SA for retirement income and you spread falsehood like every retirees are affected.. KNN!!
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Many votes will be lost?
Suka suka change CPF
“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: 19-02-2024, 09:51 AM by
RiseofAsia.)
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nohting is new lar... in fact i have no expectation from this group of white ppl
everything they cut. only thing they don't cut is their own .....
I am just a tiny plankton in the ocean.
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(18-02-2024, 08:18 PM)Scythian Wrote: Singapore pensioners are very disturbed by Govt sudden closure of CPF SA
Why CPF management cannot invest our savings like Norwegian SWF did?
they cannot
becos lee sian long wife need your cpf to tide over her temasek lossess
if they invest in norwegian fund or let u put cpf there
then she got money no enough
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(19-02-2024, 09:48 AM)RiseofAsia Wrote: Many votes will be lost?
Suka suka change CPF
no worry. with the CDC vouchers and U save many PG/MG will still vote PAP.
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(18-02-2024, 10:05 PM)Scythian Wrote: "Special Account and MediSave Account interest rates
4.08% for the period from November 2022 to October 2023. To help CPF members grow their savings, the Government will further extend the 4% floor rate for interest earned on all Special, MediSave and Retirement savings until 31 December 2024."
Retirees and pensioners are two very different groups of people lah!
You don't know meh?
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What does this closure do to above 55 and below 55??? Kindly explain in simple terms
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Maybe we should ask the garment to invest our CPF in Crypto like Dogecoin for higher return.
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