A scheme betterer than CPF!

Sinkie

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Let's call it MTF! That is Moving Target Fund. It will give your money 100% interest annually. However, you can withdraw your money plus interest at age 95, since you're living longer till 120 nowadays. If you die before 95, then the money goes into a national pool to cater for those who live beyond 120.

This is only fair for everyone.
 
oh gawd. another cpf thread. :rolleyes:

there's nothing out there better than cpf. cpf is da bestest! :D
 
eat shite and die, sinkies!!

seriousllly? CPF is more like a synthetic stock. in synthetic stocks, you buy a stock that's pegged to the value of ... example microsoft stocks, but actually they take the money and invest in brazil or some other dubious place which is not as safe as the real M$.
 
oh gawd. another cpf thread. :rolleyes:

there's nothing out there better than cpf. cpf is da bestest! :D

The US Social Security, 6 percent contribution, is darn good. The Canadian Pension Plan, at 5 percent contribution, is better though.
 
The US Social Security, 6 percent contribution, is darn good. The Canadian Pension Plan, at 5 percent contribution, is better though.

except both fundamentally depend on younger people to pay for older people's SS/pension, so they will eventually collapse when all the baby boomers and their children retire.
 
Let's call it MTF! That is Moving Target Fund. It will give your money 100% interest annually. However, you can withdraw your money plus interest at age 95, since you're living longer till 120 nowadays. If you die before 95, then the money goes into a national pool to cater for those who live beyond 120.

This is only fair for everyone.

Transgender Loong is still very much in power. The onus now should be to slay the dragon and not dither about and offer options. These are pointless now. It is better to target resources at the next step and this is to link over charging of public housing and how this has singled handedly reduced retirement savings for lower and middle income Singaporeans. The lack of transparency on the building and land costs of public housing and how the PAPzis generate supernomal profits from public housing is the next target.
 
Get ah long San to be the CEO of Temasek and finance minister. Your SPF sure grow by 20%.
 
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