The CPF aptly summed up in one picture for the Sinkie peasant
#1

https://www.bannedsite.com/forum/current...ie-peasant
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#2

Why does pap keep implementing more and more insurance scheme paid for using CPF when many don't have enough for 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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#3

Insurance is to make money.
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#4

(06-11-2021, 07:31 AM)sgbuffett Wrote:  Why does pap keep implementing more and more insurance scheme paid for using CPF when many don't have enough for retirement?

warren buffet stated fr investing in insurance n today still is.
insurance co are the top con compamy.

projected return 75k ,
on maturity get only 45k !!
40% off the mark despite US market rally fr 2009 for 13 yrs
pharmacitcal n insurance co make the most money
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#5

(06-11-2021, 03:32 PM)talky Wrote:  warren buffet stated fr investing in insurance n today still is.
insurance co are the top con compamy.

projected return 75k ,
on maturity get only 45k !!
40% off the mark despite US market rally fr 2009 for 13 yrs
pharmacitcal n insurance co make the most money

This is why Greedy PAP take over, they got sore eyes see those insurance companies earning so take over

Side note, recently keep receiving CPF email, again tell u tops up this and that
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