This forum should be renamed "the daily reckoning".
Altogether now!!! Tian ling ling! Di ling ling! Ho eh lai! Pai eh kee! Huat ah!!!
This forum should be renamed "the daily reckoning".
Does it matter when it's backed with constant inflow of cpf and citizens' money? It's like a gambler at casino given unlimited supply of other people's money. Losses are of little concern.
But 69.9% of the citizens implicitly agreed to supply the gambler money. This proves once and for all that most sinkies are impressionable and easily manipulated, while some suffer from delusions of grandeur.
Does it matter when it's backed with constant inflow of cpf and citizens' money? It's like a gambler at casino given unlimited supply of other people's money. Losses are of little concern.
But 69.9% of the citizens implicitly agreed to supply the gambler money. This proves once and for all that most sinkies are impressionable and easily manipulated, while some suffer from delusions of grandeur.
Daily reckoning indeed
"Daily" because "the Day" never seems to arrive! Haha!
Yes, GIC and TH are backed by constant flow of CPF money. Any loss by GIC or TH just replenish it with CPF
CPF is a perpetual bank for the Poop And Piss party....it is an endless supply with multilayers of claddings that shield them from any investigations & wrongdoings , by the time the members, pooped & peed till there is none left & is dying...they will all get away scot free...
We keep CPF Bank replenished every seconds of life....by working.
If you migrate get foreign citizenship you can renounce sinkie citizenship and get all your CPF cash.
I know there are those who think it is better to keep two citizenship and let PAP have your CPF money to play with. What logic that is I cannot agree with.
At end of day you can spend time kpkb here in SBF or actually take things in your own hands and give the PAP CPF the middle finger
If you migrate get foreign citizenship you can renounce sinkie citizenship and get all your CPF cash.
I know there are those who think it is better to keep two citizenship and let PAP have your CPF money to play with. What logic that is I cannot agree with.
At end of day you can spend time kpkb here in SBF or actually take things in your own hands and give the PAP CPF the middle finger
The gayness is showing my smelly duck liver. Lol
many of these 69.9% got their money stuck in cpf
CPF interest very high Sing dollar very strong. Why not just keep it there as high yield fixed deposit? So silly of you!
It is good if internationally mobile global citizen, not so good a rooted sinkiezen. Term is different, one is anytime you like, the other is over your dead body. So tell me CPF good or not? Depends on who u are.
It is good if internationally mobile global citizen, not so good a rooted sinkiezen. Term is different, one is anytime you like, the other is over your dead body. So tell me CPF good or not? Depends on who u are.
In order to withdraw your CPF, the Singapore govt has to "approve" your request to renounce Singapore citizenship. If you go through the process you will see how ridiculous it is. They must approve wor.
So I will say this, while you THINK it is anytime you like, it is not. If CPF ever really runs into difficulty and ponzi scheme fails, I bet you Singapore will NOT APPROVE all the requests to renounce. Then they will say you still sinkie so too bad cannot withdraw CPF.
Better to cut ties, take the money and go. It is not like you "lose" anything. 2.5% dividend not difficult to find lah even with blue chips.
Sinkies don't want to be disappointed that's all.