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14-09-2016, 04:00 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Started in 1986, under a different name, it allowed CPF members to invest in stock and shares, unit trusts and gold. The Govt knew that less than 20% of members actually cleared 2.5% in returns yet allowed it to continue year after year. It saw changes over the years where even more products were made available.
Now Tharman concedes that it is not "fit for purpose" (his own words) and is now under review.
You already can see the "talent" that we have in this forum discussing stock and shares and various investments.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?235542-CPF-Investment-Scheme-fails-for-30-years-quot-not-fit-for-purpose-quot&goto=newpost).
Started in 1986, under a different name, it allowed CPF members to invest in stock and shares, unit trusts and gold. The Govt knew that less than 20% of members actually cleared 2.5% in returns yet allowed it to continue year after year. It saw changes over the years where even more products were made available.
Now Tharman concedes that it is not "fit for purpose" (his own words) and is now under review.
You already can see the "talent" that we have in this forum discussing stock and shares and various investments.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?235542-CPF-Investment-Scheme-fails-for-30-years-quot-not-fit-for-purpose-quot&goto=newpost).