Posts: 2,949
   
Threads: 503
    
Likes Received: 571 in 458 posts
Likes Given: 69
what will happen to those who pour so much cash into cpf and cpf life
I think cpf life or retirement sum will not be able to take out
u think cpf life or retirement sum will up their rate to match market
Posts: 4,857
   
Threads: 113
    
Likes Received: 1,651 in 1,269 posts
Likes Given: 1,209
Yah, keep basic min sum is enough. Any spare cash must take out for better returns. Even SG saving bond is better.
Posts: 15,541
   
Threads: 1
    
Likes Received: 3,182 in 2,989 posts
Likes Given: 83
Posts: 18,374
   
Threads: 2,456
    
Likes Received: 3,189 in 2,702 posts
Likes Given: 2,141
It's in the middle ie lower than 7% but higher than 5%
Posts: 15,541
   
Threads: 1
    
Likes Received: 3,182 in 2,989 posts
Likes Given: 83
The situation now
First a Brief 100T of debts of 300Tneed to be wipeout
after going thr. the Brief u will get the idea the rentier class transfer the burdens to we , the people
with the help of Lockdowns they have transfer the burdens amounting to 37T.
this leave another 63T to follow. More lockdowns?
(This post was last modified: 17-07-2022, 06:48 AM by
singlon.)
Posts: 15,541
   
Threads: 1
    
Likes Received: 3,182 in 2,989 posts
Likes Given: 83
Generally, criminals will not reveal their criminality unless they think it’s too late for anyone to do anything about it. With stagflation hitting our economy hard this year we have to question if the behavior of the banks suggests much worse conditions to come?
The public would never readily accept CBDCs as money unless their existing money lost most of its buying power and the current system was in the gutter. This is how new levels of empire are born; a major crisis allows for the elites to consolidate control while the people are distracted by their own private disasters. The big picture is changed while each person is terrified by their own small picture calamity.
Full throttle time
Fed has created a Catch-22 scenario in which the economy crashes no matter which policy decision they make.
(This post was last modified: 17-07-2022, 07:19 AM by
singlon.)
Posts: 3,176
   
Threads: 0
    
Likes Received: 411 in 400 posts
Likes Given: 0
Many will sleep in the street and eat grass.
Posts: 6,921
   
Threads: 867
    
Likes Received: 1,742 in 1,413 posts
Likes Given: 0
(16-07-2022, 09:55 PM)Talent Wrote: what will happen to those who pour so much cash into cpf and cpf life
I think cpf life or retirement sum will not be able to take out
u think cpf life or retirement sum will up their rate to match market
YES IS BETTER TO BE CAREFUL NOT TO TRUST 100%
Posts: 1,757
   
Threads: 8
    
Likes Received: 853 in 598 posts
Likes Given: 384
Wake up call for those who are heavily invested in properties. Good.
Posts: 17,973
   
Threads: 2,062
    
Likes Received: 4,796 in 4,065 posts
Likes Given: 721
(16-07-2022, 09:55 PM)Talent Wrote: what will happen to those who pour so much cash into cpf and cpf life
I think cpf life or retirement sum will not be able to take out
u think cpf life or retirement sum will up their rate to match market
Banks will revaluate all the property price.
Lesser ppl will invest in property. $$$ put into the bank can now get higher interest than putting $$$ in risky and over speculated properties.
“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: 18-07-2022, 01:25 PM by
RiseofAsia.)