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23-07-2014, 12:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Thanks to Roy N... the secrets behind CPF fund & diversions are being gutted.
Now the chief custodian n manager Tharman is saying: can give you higher returns but can you stomach the risk? Did EPF in Malaysia return 6% without risk? Yes it does..... so what is the point or bluff Tharman???
Clearly our CPF fund is being used by GIC & Temasick which talents paid handsomely but traceable to our money. So that being the case why can't our fund benefit from their mgmt expertise? Instead it has to be made such that the cream goes to GIC n Temasick while the rough n drag goes back to CPF members in the form of 2.5% miserable interest or return.
Govt insisted that GIC/Temasick do not need to borrow CPF money...... sure or not? Try to borrow even from own gang DBS & see how much the capital will be charged!
I am convinced that I hv been denied of my rightful returns from my CPF fund for too long. Now that the can of worms is opened, govt is waging a propaganda war to do damage control/
NO bloody use: WE is NOT stupid with your infantile song & dance.
Now govt also want to review min, sum - WTF after making absurd increases and having made ridiculous rent return ASSumption!
WHAT HAS THE GOVT DONE RIGHT OVER THESE YEARS??????????????? PAYMENT OF SUPER SALARIES TO THEMSELVES - are we re-living the animal farm???
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?186425-Dark-Secrets-CPF&goto=newpost).
Thanks to Roy N... the secrets behind CPF fund & diversions are being gutted.
Now the chief custodian n manager Tharman is saying: can give you higher returns but can you stomach the risk? Did EPF in Malaysia return 6% without risk? Yes it does..... so what is the point or bluff Tharman???
Clearly our CPF fund is being used by GIC & Temasick which talents paid handsomely but traceable to our money. So that being the case why can't our fund benefit from their mgmt expertise? Instead it has to be made such that the cream goes to GIC n Temasick while the rough n drag goes back to CPF members in the form of 2.5% miserable interest or return.
Govt insisted that GIC/Temasick do not need to borrow CPF money...... sure or not? Try to borrow even from own gang DBS & see how much the capital will be charged!
I am convinced that I hv been denied of my rightful returns from my CPF fund for too long. Now that the can of worms is opened, govt is waging a propaganda war to do damage control/
NO bloody use: WE is NOT stupid with your infantile song & dance.
Now govt also want to review min, sum - WTF after making absurd increases and having made ridiculous rent return ASSumption!
WHAT HAS THE GOVT DONE RIGHT OVER THESE YEARS??????????????? PAYMENT OF SUPER SALARIES TO THEMSELVES - are we re-living the animal farm???
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?186425-Dark-Secrets-CPF&goto=newpost).