CPF savings 'may not be enough for old age'

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#32
(02-03-2012, 07:20 AM)weijian Wrote:
(29-02-2012, 10:29 AM)Temperament Wrote: Let's 1st ask the PAPAYA to increase our CPF's interest rate of return. At least tracking or on par with the rate of annual inflation. Then people can have other hopes from these bunch of millionaire Elites. i doubt it is possible. Why? Think of the figure of a pyramid. The population of a country is almost always based on this figure in terms of anything. Sad.... That's life.

How about having a % of CPF SA/medisave's interest rates to be pegged to some kind of TIPS (Treasury Inflation Protected Securities), rather than the 10yr Spore Gov bond rates. Of course, the min 4% intereat rates SHOULD still be there. Big Grin

someone once said cpf is just a cheap source of funds for investment corp let them try borrowing from capital markets at international rates.

The politicians on other hand will use this as a tool for whatever is popular with the masses. If using cpf for home ownership is popular with the masses then it will happen even if it is bad thing down the road later, no politician will think for tomorrow if they did then americans and europeans wouldn't have so much debt all these debts tied to previous popular programs for the masses.

LOL! the last thing they will do is to peg cpf to anything that will be used as bullets and ammo later by political opponents as a sort of measurement to their performance Tongue
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RE: CPF savings 'may not be enough for old age' - by sgd - 02-03-2012, 09:20 AM

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