Chitchat Which Bank Hoot His CPF Monies?

[AhMeng]

 

[sweetiepie]

KNN the message say my loving wife said YOUR $250k will grow with xxx bank KNN should be MY$250k KNN so is sinkie $250K is it KNN

 

[Valium]

Stupid Wife.. trust bank.
Spank her.

 

[po2wq]

he stood facing wat bank? ...

 

[Buckethead]

When the greed for easy money overwrite the brain, this will happen...

 

[ToaPehGong]

You have a loving but stupid wife

 

[whoami]

Just put money in FD. Safe. But only insured for 50k.

 

[AhMeng]

You have a loving but stupid wife

No medicine can cure sinkies' greed or stupidity. Just like investing in JB properties. Lol

 

[jw5]

He is standing outside and staring at XXX Bank.

 

[whoami]

Tink FTs n foreign aliens laughing at sinkies again

 

[winnipegjets]

The sad fact if this guy's CPF was invested in the SPY, he would have received $488,284, instead of the paltry $250k.
Assumption: the amount was invested over 25 years, annual contribution of $5393, dividends reinvested. His principal over 25 years is $134,843.

See how much the PAP have stolen from him!

 

[Bacccarat]

He is standing outside and staring at XXX Bank.

.


lookey like raffles place.?


_

 

[garlic]

Just put money in FD. Safe. But only insured for 50k.

Sorry, too lazy to google and you seem knowledgable, insured for 50k is one account or one person.. say if a rich man put 4 x 50k... if kena bank run, is insure one account or all accounts? Assuming all different banks?

 

[garlic]

wah lau.. the bank invest simi lan, chui till like that...

 

[winnipegjets]

wah lau.. the bank invest simi lan, chui till like that...

VIX index? Oil futures?

 

[winnipegjets]

Sorry, too lazy to google and you seem knowledgable, insured for 50k is one account or one person.. say if a rich man put 4 x 50k... if kena bank run, is insure one account or all accounts? Assuming all different banks?

There are so many etfs out there that are safe. So, why put money in FD?

 

[eatshitndie]

silent spokesman for cow peh fund. what his sign says is that it's better to leave your savings in cpf than deposit in triple x-rated bank. it's true. interest from bank only earns you 0.69% while you can get 2.69% from cpf. sinkies are fortunate to have cpf and pap in charge of it. huat ah!

 

[garlic]

There are so many etfs out there that are safe. So, why put money in FD?

I know, just wanna find out how this SDIC guarantee works..

 

[winnipegjets]

silent spokesman for cow peh fund. what his sign says is that it's better to leave your savings in cpf than deposit in triple x-rated bank. it's true. interest from bank only earns you 0.69% while you can get 2.69% from cpf. sinkies are fortunate to have cpf and pap in charge of it. huat ah!

That's why sinkees are doomed for retirement poverty - their investment strategy is to either leave it with Cow Peh Fund or FD. If they do abit of homework, they can do much better.
Eatshitndie, you need to help sinkees ...under your guidance, they will be financially secure in 6.9 years.

 

[eatshitndie]

That's why sinkees are doomed for retirement poverty - their investment strategy is to either leave it with Cow Peh Fund or FD. If they do abit of homework, they can do much better.
Eatshitndie, you need to help sinkees ...under your guidance, they will be financially secure in 6.9 years.

all the best sexvice and advice are on the sbf investment thread.