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That is a real insult ...and untrue.

Gambling is an addiction just like drugs...once LHL introduced casinos it is as good as introducing drugs like cocaine...some studies show that casini gambling even more addictive than deugs for somw people. there are always new addicts it is never ending ....never ending stream of families...

http://www.sgx.com/wps/wcm/connect/sgx_en/home/market_info/short_sale/short_sale_daily/DailyShortSell20150515.txt 18M shares shorted on Friday....the headline earnings disappointment news has drawn traders to short the stock..... Like I said quarterly earnings is easily "played with" to...

Ask yourself this simple qn, after the poor results would the average investor and general public be buying or sellinv the stock? Just do the opposite. Based on LVS results, the genting will do much better next quarter. There is a lot of flexibility in our accounting rules which is meant for...

http://thediplomat.com/2015/02/soft-repression-the-struggle-for-democracy-in-singapore/ Singapore is a curious anomaly within political science. In its status as the wealthiest non-democracy in history, many have anticipated the outcome of the next general election as a watershed moment for the...

1. Scheme like social security and CPF are suppose to provide for retirement financing. 2. Now that the PAP failed to operate these schemes properly, they resort to tap the housing wealth of Singaporeans. 3. Its not that the elderly want to take up reverse mortgage but they need to...

Today 03:00 AM Post: #1 sgbuffett Elite Member Posts: 6,352 Reputation: 34 Our pioneers are identified as those who are 65 or older this yr when Singapore tuher world, the pioneer generation includes those who were 16 and above, the day Singapore was born. In those days, due to lack of...

Singapore should aim to do better for our elderly too many are suffering today compared with old folks in other countries

fixed........

http://www.scmp.com/news/hong-kong/article/1061146/elderly-need-universal-pension-scheme-report-suggests

http://www.youtube.com/watch?v=y9YL4b_vzL8 Today 7% of HK elderly above retirement age have to work vs 21% in Singapore. The 2 govts have taken on different philosophical stance on the issue. In HK, the govt wants to protect elderly who are frail from having to work and aims to provide a basic...

Last week MP Gerald Giam brought up an important observation abt Medishield in the last 10 yrs the scheme only pay out 66cents for every dollar collected worst than all public medical insurance in the world. Without front loading designed in medishield the risk pooling is within each age group...

http://i.imgur.com/knvsBI3.png Assume the inflation rate of 3% which is the inflation rate of past yrs (this is highly conservative as prolonged use of QE and low interest risk spurring elevated inflation.in the coming years) Assume a nearly incompetent manager is hired to manage the funds and...

Nobody restrict? Can do anything I want with cpf? So can I talks it out and manage it myself for higher returns ?. .

T When the pap implement forced savings close to 40% of a person's salary, it effectively takes over responsibility to manage the funds well.so that the person can retire. The person loses control of a large portion of money he earns and the ability to save for retirement with this...

There is outrage in HK that 7% of the elderly above 65 yrs old have to work and to solve this problem the legislators are pushing for universal pension to push the figure of working elderly to zero. How many singapooreans elderly and frail are still working? 20%. How can this be when we...

The reason why pap was so well supported in the past was the social contract that existed between the pple and govt. Singaporeans gave up democratic freedoms, rights and workers the power theof independent unions in exchange for economic well being. This contract held right up to the 90s when...

M sgbuffett Elite Member Posts: 4,952 Reputation: 32 GIC uses the your money to get returns and keep the extra returns....compounded over time, the amount of returns they keep is more than the money you get when you retire. Economists call this opportunity cost. If your money is...

Yes, we are all frustrated GIC, over lack of progress in CPF issue but to vandalise public property is not they way to go and wrong...even though the pap has resorted to legal intimidation to silence Roy we must remain calm in the face of such attack and focus on doing what is best for the pple...

Please look at your own chart. If 1977 and 1997, the US fed funds rate is the same, but cpf rate is already more than halved from 6.5% to 2,5%. The lowing of rate simply means returns come from other types of instruments like stocks which yielded more that 6% per annum and cpf should be...