Serious Knn inflation over 5% and cpf still 2.5%?

[hbk75]

Really is eat ppl.

 

[JohnTan]

Really is eat ppl.

Put your money in treasury bills or government bonds then. They are paying about 3% interest per year.

 

[laksaboy]

CPF is hidden taxation on your disposable income. Stop thinking of it as some govt fixed deposit account or a 'retirement fund' similar to USA's 401k.

Once you understand this, you won't give a flying fuck whether the CPF interest rate is 0.025% or 100%.

 

[bobby]

Why even worry about your money that you cannot even touch ???

 

[JohnTan]

CPF is hidden taxation on your disposable income. Stop thinking of it as some govt fixed deposit account or a 'retirement fund' similar to USA's 401k.

Once you understand this, you won't give a flying fuck whether the CPF interest rate is 0.025% or 100%.

Your 'hidden CPF taxes' has been used by millions of sinkies to pay for their housing, medical expenses, insurance and education. You need to wake the fuck up.

 

[tobelightlight]

Pple still believe in cpf? It is just an extra income for the PAP to play around.

 

[hbk75]

Put your money in treasury bills or government bonds then. They are paying about 3% interest per year.

Can I take out cpf and put in fd? 3.4% a year

 

[JohnTan]

Can I take out cpf and put in fd? 3.4% a year

Why? CPF SA and MA offer 4% a year.

 

[hbk75]

Why? CPF SA and MA offer 4% a year.

Why? Oa should be 4% also. If not is eat ppl money