CPF pays interest @ 2.5% pa vs Norway's Pension Fund ROI 14.5% in 2021
"Norway's Government Pension Fund Global, Oslo, returned 14.5% in 2021, driven by positive equity and real estate returns, Norges Bank said in an annual report released Thursday.
Managed by Norges Bank Investment Management, the sovereign wealth fund ended the year with 12.34 trillion Norwegian kroner ($1.4 trillion). The one-year return was 74 basis points higher than its benchmark index.
Equities led the performance, returning 20.8% in 2021, following by real estate at 13.6%, while renewable energy infrastructure investments returned 4.2%. Its first investment in unlisted renewable energy infrastructure was announced in April, and it will build up that portfolio primarily through wind and solar power, according to the annual report."
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Are they living and operating in different planets?
ROI 14.5% =/= Interest rate @ 2.5% pa
Who actually pocketed the differential of 12% IE 14.5% minus 2.5% in 2021.
Can CPF members demand better performance from lousy CPF management?
(11-04-2022, 04:48 AM)Scythian Wrote: [ -> ]..
Are they living and operating in different planets?
ROI 14.5% =/= Interest rate @ 2.5% pa
Who actually pocketed the differential of 12% IE 14.5% minus 2.5% in 2021.
Can CPF members demand better performance from lousy CPF management?
the excuses same as what insurance co give:
share market rtn is declining.
how come in 1980s cpf can pay up to 6.5% ?
In before those " Mr Loo CPF fans "
Wat for high interest when u r having sleepless nites worrying dead as to when pudding will attack u , just next door?
Operating cost of temasek and gic makes the difference?
Norway got plenty of oil.
SG dun even have enough fresh water!
CPF $$$ all belongs to PAP lah.🤣🤣🤣
(11-04-2022, 12:21 PM)Yin yang Wrote: [ -> ]Wat for high interest when u r having sleepless nites worrying dead as to when pudding will attack u , just next door?
Let me put my CPF $$$ with Norway's Pension Fund for 10 years and compare with CPF management.
S$780,000 is nothing to worry about
@14.5 ROI = S$3000000 in 10 years.
14.5% is amazing. Maybe cool weather is better for the brain, can think better.
GIC is very kiasu type, can never beat Norway fund.
We should outsource some funds to them to manage.
Pension fund needs 7-10% returns to reach high levels of adequacy for those with mid to lower incomes.
The low returns of CPF leads to inadequacy.
(11-04-2022, 04:37 PM)sgbuffett Wrote: [ -> ]Pension fund needs 7-10% returns to reach high levels of adequacy for those with mid to lower incomes.
The low returns of CPF leads to inadequacy.
Singapore leaders will not agreed to whatever you say..
Differential earnings between ROI and 2.5,%< someone pocketed it.
吃人
CPF Board management 吃人 Until swallow their bone
(11-04-2022, 01:13 PM)cityhantam Wrote: [ -> ]Norway got plenty of oil.
SG dun even have enough fresh water!
You are saying the source of funds from oil
Reports is ROl performance and skill in investing of Norway's Pension funds .
Why is Singapore CPF Board like a little church mouse?
(11-04-2022, 04:37 PM)sgbuffett Wrote: [ -> ]Pension fund needs 7-10% returns to reach high levels of adequacy for those with mid to lower incomes.
The low returns of CPF leads to inadequacy.
Nothing to be proud about as a lifetime CPF members..
CPF Board, a stupid fund manager
IF you are happy with your CPF pension saving @ 2.5% pa perpetually, ..
Either you are "Mad" or got "shock circuit"
Why allows the middleman to pocket the earnings of your lifetime retired savings and left you struggling ?
On records, Many other fund managers can perform far better than CPF management.
(11-04-2022, 04:37 PM)sgbuffett Wrote: [ -> ]Pension fund needs 7-10% returns to reach high levels of adequacy for those with mid to lower incomes.
The low returns of CPF leads to inadequacy.
Singapore inflation is 3.4%>>
"U.S. Inflation February 2022: Hits Fresh 40-Year High of 7.9% Before Oil Spike -
Bloomberg.10 Mar 2022"
Why our Singapore leaders left our lifetime CPF Savings with PM Modi..?
Can 4,000,000 CPF members totally trust Modi?
(11-04-2022, 04:37 PM)sgbuffett Wrote: [ -> ]Pension fund needs 7-10% returns to reach high levels of adequacy for those with mid to lower incomes.
The low returns of CPF leads to inadequacy.
4,000,000 CPF members Savings being used by Modi to increase trade with sanction-hit Russia.
Every CPF member agreed with PM Lee imposing sanction and against Russia invasion of Ukraine but now,, Modi found a loophole, India is using our billions CPF $$$ illegally to support Russia.
And worst, 4000000 CPF members cannot do anything about it.
(11-04-2022, 04:31 PM)RichDad Wrote: [ -> ]14.5% is amazing. Maybe cool weather is better for the brain, can think better.
GIC is very kiasu type, can never beat Norway fund.
We should outsource some funds to them to manage.
Kiasu type? No.
They invested big time in UBS and Citigroup in the last GFC.
Panic and lost.
The rest is history. If they had balls they would have made many times.
(13-04-2022, 08:17 PM)Scythian Wrote: [ -> ]CPF members feel cheated
if hb a choicewould rather invest my cpf in warrenbuffet BH
(13-04-2022, 09:43 PM)talky Wrote: [ -> ]if hb a choicewould rather invest my cpf in warrenbuffet BH
Agreed
Becoz Singapore offers nothing
(11-04-2022, 04:37 PM)sgbuffett Wrote: [ -> ]Pension fund needs 7-10% returns to reach high levels of adequacy for those with mid to lower incomes.
The low returns of CPF leads to inadequacy.
Universities never taught CPF Board CEO and management members :
" what is ROI "
And "What is investing for retirement"
(11-04-2022, 04:31 PM)RichDad Wrote: [ -> ]14.5% is amazing. Maybe cool weather is better for the brain, can think better.
GIC is very kiasu type, can never beat Norway fund.
We should outsource some funds to them to manage.
Well,not a bad idea
If can't achieve 14.5% let other help out
Can try out, any harm?
Or learn their expertise.
Think out of the box.
To help the poor though below $xxxxxx may consider pay higher %
Norway is rich in petroleum and Singapore has none. Norway invests its fund in oil and gets very good returns in good times. But recently, it's losses is around USD90 billion. On the other hand, CPF is allowed only to invest its fund in Government Securities earning a yield of around 2.5% - 3%. If you so think that Norway's Pension Fund is better, please move and settle there, then enjoy their Funds.
https://gulfnews.com/business/energy/nor...per%20cent.
CPF is allowed only to invest its fund in Government Securities earning a yield of around 2.5% - 3%?
CPF is paying 4 % to RA
Deficit 1 % each year ?
Malaysia has petroleum and other natural resources
Little red dot has no natural resources
Yet S$ 1 = RM 3
Able leadership is important.
No investment has smooth sailing each year.
(14-04-2022, 04:37 PM)Oasis Wrote: [ -> ]CPF is allowed only to invest its fund in Government Securities earning a yield of around 2.5% - 3%?
CPF is paying 4 % to RA
Deficit 1 % each year ?
Malaysia has petroleum and other natural resources
Little red dot has no natural resources
Yet S$ 1 = RM 3
Able leadership is important.
No investment has smooth sailing each year.
Just becos our $ is stronger than Msia doesnt mean anything for dumbfarks here. U go hawker now....each meal plus a drink easily $8 to $10.
In Malaysia inflation almost Zero for donkey yrs unlike SG fake inflation created by PAP.
PAP great meh? High salary ownself declared and can also dont declare good ah? U put a monkey inside can also do better. Why? At least a monkey can make u laugh.
Ukraine war causes $78 billion loss for Norway's sovereign ...
https://english.alarabiya.net › News › world › 2022 › 04 › 21 › Ukraine-war-causes-78-billion-loss-for-Norway-s-sovereign-fund
Norway said Thursday its sovereign wealth fund, the world's largest, lost $74 billion during the first quarter of the year due to the market turmoil caused by the war in Ukraine. The loss of 653 ...
play safe
Aiyo
It's once in 100 years.
Beside, it's so tiny amount less than 8% - it's fine