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GIC profiting substantially from global high interest rates while pensioners get 🥜
Scythian

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#8

14-09-2022, 07:54 AM
(14-09-2022, 07:45 AM)ArielCasper Wrote:  Govt already say CPF is not used to fund gic lah.. wait kena sued for defamation.

But someone/govt must have benefitted from the situation. Our law forbid us to freely used our money, so there must be above market rate return to us to compensate of the risk to our CPF monies.

Then, where our CPF savings goes to end users?

Buying SG Govt Bonds isn't investing at all.

The Govt and CPF Board have the aying obligations to tell all  members who actually benefitted from our $ 450 billions cheap CPF savings?

And paying such low interest rates, why members not rewarded excess on ROI?
(This post was last modified: 14-09-2022, 07:57 AM by Scythian.)
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Messages In This Thread
GIC profiting substantially from global high interest rates while pensioners get 🥜 - by Scythian - 14-09-2022, 01:56 AM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by grotesqueness - 14-09-2022, 02:20 AM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by singlon - 14-09-2022, 05:00 AM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by singlon - 14-09-2022, 05:01 AM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by singlon - 14-09-2022, 05:17 AM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by singlon - 14-09-2022, 05:25 AM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by ArielCasper - 14-09-2022, 07:45 AM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by Scythian - 14-09-2022, 07:54 AM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by Scythian - 14-09-2022, 08:05 AM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by Scythian - 14-09-2022, 09:33 AM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by babygirl - 14-09-2022, 12:54 PM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by singlon - 14-09-2022, 01:06 PM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by singlon - 14-09-2022, 01:14 PM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by Scythian - 14-09-2022, 06:56 PM
RE: GIC profiting substantially from global high interest rates while pensioners get 🥜 - by Scythian - 15-09-2022, 10:18 AM

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