CPF top-ups rise by 60% to S$4.8 billion in 2021; members' balances exceed half trillion mark
https://tdy.sg/3bNWqYe
This is not a good strategy if inflation keep rising.
You are stuck at max 4% return and inflation runs very high for a few years it can wipe out your savings.
dat was yesterdays QE-ed
now rising rates
not same the gians will retreat
Singaporean all.....very rich. 👍🤪
Only for 2021… 2022 will be different lah with US hike rate.. $$$ will go back to bank and bond. Next year, they probably keep silent.
Cant wait to see bank fixed deposits may raise to 5% in next year.
I asked my neighbour why top up
he said he old and very sick
need money to cover medical at hospital
(05-07-2022, 03:39 PM)Ola Wrote: [ -> ]I asked my neighbour why top up
he said he old and very sick
need money to cover medical at hospital
Medisave premium is not cheap.
