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Pathetic Kiasu Sinkie parents enroling their 3 years old toddlers for tuition.

johnny333

Alfrescian (Inf)
Asset
only in Sinkiekand, the govt. is actively supressing its very own citizens from beyond tertiary education while allowing sub standard foreigner with dubious education to work and grant them PR.


kbw_zps500bfaa8_0.jpg


During LKY's time the policy was called the stop at two policy. LKY believed that Uni grad mothers made superior mothers & should produce as many babies as they wanted. While the lowly educated shouldn't be allowed to produce too many kids.

Nowadays since they can simply import cheaper FTs they don't need so many educated Sporeans. If you have too many intelligent Sporeans they might also start to question the PAP policies
 

Asterix

Alfrescian (Inf)
Asset
During LKY's time the policy was called the stop at two policy. LKY believed that Uni grad mothers made superior mothers & should produce as many babies as they wanted. While the lowly educated shouldn't be allowed to produce too many kids.

Nowadays since they can simply import cheaper FTs they don't need so many educated Sporeans. If you have too many intelligent Sporeans they might also start to question the PAP policies


Ass Loon got it all worked out too but in reverse
The less educated the citizenry is
More hanky panky Lightning can get away with
So please don't "own" a degree*


* Penang Cow needs to improve his England, this is improper usage

[video=youtube;cL5S0DIXk2M]https://www.youtube.com/watch?v=cL5S0DIXk2M[/video]
 

ginfreely

Alfrescian
Loyal
There's no point studying so hard... FTs will steal your jobs. :wink:

Exactly, the parents should save the money and set up an investment fund for them instead so that the money can grow to substantial amount for their 21 year old birthday present.
 

ginfreely

Alfrescian
Loyal
only in Sinkiekand, the govt. is actively supressing its very own citizens from beyond tertiary education while allowing sub standard foreigner with dubious education to work and grant them PR.


kbw_zps500bfaa8_0.jpg

He is the one who didn't increase the intake of Spore medical students during his time as health minister and now the whole KTP hospital overrunning with third world foreign trash doctors.
 

hofmann

Alfrescian
Loyal
Exactly, the parents should save the money and set up an investment fund for them instead so that the money can grow to substantial amount for their 21 year old birthday present.

21 year olds won't know what to do with the substantial birthday present. Most will blow it all in a blink of an eye. The money should be doled out in tranches instead.
 

The_Hypocrite

Alfrescian (Inf)
Asset
Are these frogs faggots? They put on make up?


Ass Loon got it all worked out too but in reverse
The less educated the citizenry is
More hanky panky Lightning can get away with
So please don't "own" a degree*


* Penang Cow needs to improve his England, this is improper usage

[video=youtube;cL5S0DIXk2M]https://www.youtube.com/watch?v=cL5S0DIXk2M[/video]
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Its mentioned that one mother spends $3000 per month on tutoring and other crap on her child. If she sets aside the same $3000 for him every month until the kid finishes Sec 4, the child will have about $534,000 in the account, assuming 2% annual rate of interest. Its better for the kid to start life with this nest egg. The parent is much better off teaching the kid how to prudently manage money and live within his means rather than go all out for academics qualifications.
 

nusajaya2020

Alfrescian
Loyal
Great post.

The moment you set up your kid to be chasing after academic results is the time your kid will be mediocre. The kid will be thinking of getting good grades then a good job (there is just too much opportunity cost of rejecting a job). There is nothing more pathetic than aspiring to work and enrich someone else. There is always someone who can do better than you at a lower price. The real-world system no longer reward the education system like in the past. PHD taxi drivers can attest to that.

There is nothing wrong with good honest work, but that should not be the sole aim of education. The purpose of education is to bring out the best in a person where his interests and passion lie and be in the field or start a business to be successful. Most people i know hate their jobs (regardless of salary), are married with kids and work for the sake of putting food on the table and clamouring for material wants all because they studied for something they had no interests in, at the instructions of their parents and the worst part is they know they will live out their lives feeling this way. Guess what, they are doing the same to their kids and they and their circle of friends are miserable.

Many will say it is hard, near impossible.. of course it is, the route to achieving happiness is meant to be hard, that's what make the result that much sweeter. This post isn't meant to demean and to put down, but to inspire one, if you will. If you are still young enough, no kids, not married.. there is still chance to lead your own life instead of your parents' wishes, however good their intentions were, it is not their life and you are the one having to live it out. If you are one of those tiger parents, you were probably brought up the same way or subconsciously, you wish your kid to accomplish things you never could do. To some people, that's why they have kids and push them so hard, they were mediocre themselves.
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Its better for the parents or grandparents to teach the kids the facts of life in singapore.

1) They will slog like crazy during primary school to get good PSLE results, with much od their lives spend in tuition and other school activities. they will not allowed to be what kids in other parts of the world are. Just being themselves.

2) Than, they will slog even harder in secondary school to get good GCE results. But this time, they will compete with international FT students let into the country on free scholarships. These same FTs will compete with them for JC and poly spots.

3) If they do get into JC and Poly, they will slog like crazy to get a good result. 80% of them will not move up to the next stage. That is because many of the available spots in the tertiary education schools are again reserved for FTs. Those that don't make it have to do NS.

4) When they are finally done with schooling, they will find that they have to compete for a decent job in the work place. with lots of FTs lowering the salaries and hiring their own nationality.

In the end, its not worth studying like crazy for this.
 

Asterix

Alfrescian (Inf)
Asset
.................

4) When they are finally done with schooling, they will find that they have to compete for a decent job in the work place. with lots of FTs lowering the salaries and hiring their own nationality.

In the end, its not worth studying like crazy for this.


Better to get tutition on rock climbing
Thereafter graduate to stone throwing
Figuratively as well as literally
At Prime Miniature and Lightning


[video=youtube;5P5akoQ_eNI]https://www.youtube.com/watch?v=5P5akoQ_eNI[/video]
 

Asterix

Alfrescian (Inf)
Asset
Are these frogs faggots? They put on make up?


Don't be so simple minded and daft
Pre-revolution nobility in France were out of touch
Indulging in such behaviour was sign
That one is several notches above stinky peasants
Has absolutely nothing whatsover
To do with one's preference in other aspects of life

John Adams went to Louis whatever
Military aid to replace Brit tyranny with democracy
France then was an absolute monarchy
For her it was a fight for supremacy in New World
In other words realpolitik at its best
Something to fill heart of Machiavelli with pride
By same token Sinkie Opposition
Need feel no shame accepting help from outside


[video=youtube;s2Ng0JkQe5c]https://www.youtube.com/watch?v=s2Ng0JkQe5c[/video]
 

winnipegjets

Alfrescian (Inf)
Asset
Its mentioned that one mother spends $3000 per month on tutoring and other crap on her child. If she sets aside the same $3000 for him every month until the kid finishes Sec 4, the child will have about $534,000 in the account, assuming 2% annual rate of interest. Its better for the kid to start life with this nest egg. The parent is much better off teaching the kid how to prudently manage money and live within his means rather than go all out for academics qualifications.

Most sinkees, even those in the top 20 percentile, are mathematically challenged. They can't do the math that you have laid out.
For the same reason, that's why sinkees just accept the CPF's payout of 2 percent return. They don't even realize that they are losing money in real terms.
Who, in the right mind, would give up $850k in returns ? $10k in CPF annually for 30 years results in $450k ($300k is principal). Same amount invested in SPY (S&P etf) would lead to $1.3 million. Sinkees should be beating up the government for not letting them invest in SPY. Investing in SPY over long term is safe than the SG government guarantee. Is the SG government guarantee worth $850k?
 

Asterix

Alfrescian (Inf)
Asset
Following the success of Akim's performance he had to be essentially hidden from the public eye as many German television stations began pursuing him for appearances. Rieu took Akim under his wing, paying for his musical lessons on both violin and piano and overseeing his instruction (both musical and otherwise) so that Akim will remain "a nice boy" and not become "an insufferable child prodigy" as Rieu fears would be a possibility without his influence.

http://en.wikipedia.org/wiki/Akim_Camara

Damn it this Jew Soros is in the audience again!

[video=youtube;bePHQSxTBTk]https://www.youtube.com/watch?v=bePHQSxTBTk[/video]
 
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Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Most sinkees, even those in the top 20 percentile, are mathematically challenged. They can't do the math that you have laid out.
For the same reason, that's why sinkees just accept the CPF's payout of 2 percent return. They don't even realize that they are losing money in real terms.
Who, in the right mind, would give up $850k in returns ? $10k in CPF annually for 30 years results in $450k ($300k is principal). Same amount invested in SPY (S&P etf) would lead to $1.3 million. Sinkees should be beating up the government for not letting them invest in SPY. Investing in SPY over long term is safe than the SG government guarantee. Is the SG government guarantee worth $850k?

Govts go bankrupt all the time. Ask the greeks and the spanish. The so called govt guarantee of the CPF is worth shit. If its Saudi Arabia or Norway, the govt guarantee is worth something because its backed up by oil in the sand or sea. There is something tangible behind the guarantee. In singapore, there is no tangible natural resource that can back it up. And since the govt will not open the books on GIC (which is where the CPF money is funnel), the guarantee looks even shadier.
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Most sinkees, even those in the top 20 percentile, are mathematically challenged. They can't do the math that you have laid out.
For the same reason, that's why sinkees just accept the CPF's payout of 2 percent return. They don't even realize that they are losing money in real terms.
Who, in the right mind, would give up $850k in returns ? $10k in CPF annually for 30 years results in $450k ($300k is principal). Same amount invested in SPY (S&P etf) would lead to $1.3 million. Sinkees should be beating up the government for not letting them invest in SPY. Investing in SPY over long term is safe than the SG government guarantee. Is the SG government guarantee worth $850k?

Singapore maths is one of the best in the world. They are not mathematically challenged. They are IQ challenged. That's something else all together.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Govts go bankrupt all the time. Ask the greeks and the spanish. The so called govt guarantee of the CPF is worth shit. If its Saudi Arabia or Norway, the govt guarantee is worth something because its backed up by oil in the sand or sea. There is something tangible behind the guarantee. In singapore, there is no tangible natural resource that can back it up. And since the govt will not open the books on GIC (which is where the CPF money is funnel), the guarantee looks even shadier.


The people who matter do not agree with your assessment.

Singapore is backed by the most important asset of all.... competent people who run the show in an honest and efficient manner.

http://www.nbcnews.com/id/44020687/...ess/t/remaining-countries-aaa-credit-ratings/

7. Singapore
GDP per capita: $56,521.731
Singapore is the sole Southeast Asian nation with a solid triple-A rating. Despite a reliance on foreign trade exports, investors consider Singapore the safest place today for Asia. Its population is tiny at 4.74 million and its revised GDP is $291.9 billion. Singapore did not avoid the recession, but it also proved to bounce back the most. Public debt is artificially high at 102.4percent of GDP but that is a government tie of the Central Provident Fund. Imagine this for austerity measures: Singapore has actually not borrowed to finance any government deficits since the 1980s. S&P and Moody’s have no issues with the AAA rating and outlook, nor should investors. The only obvious risks are military action, climate change, or an unknown geological event. Barring those, Singapore has as solid of a triple-A status as they come.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
http://blogs.wsj.com/moneybeat/2013/11/29/super-safe-triple-a-club-loses-another-member/

By Phillipa Leighton-Jones and Peter Nurse

The privileged club of sovereigns rated Triple-A by all three major ratings agencies lost a member this morning after Standard & Poor’s downgraded the Netherlands, stripping it of the coveted status on concerns that its growth prospects were weakening.

That leaves an extremely small group in the top-ranked club. Canada, Finland, Germany, Luxembourg, Australia, Singapore, Norway, Sweden, Switzerland and Denmark are still there, but Germany and Luxembourg are on negative watch by at least one agency, while the outlook on the others remains stable.

If you take a peak over on our interactive tab, you’ll see how all sovereigns are ranked by Fitch, Moody's and S&P, the outlook for each and a timeline of upgrades and downgrades since 2008.

A couple of years ago the ranks were somewhat bigger. But since 2011, the U.S. (downgraded by S&P in 2011), U.K. (downgraded by Moody’s and Fitch this year ),France (downgraded by S&P, Moody’s in 2012 and Fitch this year), Austria (downgraded by S&P in 2012) and New Zealand (downgraded by S&P and Fitch in 2011) have been stripped of their top status by at least one agency.
 
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