- Joined
- Jul 19, 2011
- Messages
- 28,050
- Points
- 113
Mr Tharman: "While the CPF doesn't provide the highest returns, it provides one of the safest in the world. And these are fair returns."
How is the returns fair?
Pays 2 percent while the long term returns from S&P etf is 7 percent.
Is your CPF safe?
It is not as inflation is eating up your CPF every year. It is a slow death.
The AAA guarantee is worth nothing.
Is the guarantee from sinkapore government any stronger than the broad US equity market?
If the US equity market collapses, the whole world goes down with it. So, the sinkapore government guarantee is worthless in reality.
CPF returns vs S&P returns
$10k invested annually for 30 years will give you $450k when left in CPF but $1.3 million if invested in an S&P etf.
Why can't sinkees invest their CPF money in the S&P etf to gain returns that will enable them to retire comfortably?????
Stop robbing sinkees of their CPF returns! Pay up or let sinkees put the money into S&P etf.