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#1

Posted 29 February 2012 - 05:39 PM

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Any one knows why the interest for these two schemes differ by so much?

2.5% against 6%. It is not just for the last few years..........

Are the Malaysian investment doing so much better? Do they dip into their reserves? Ever been raised in Parliament?

Serious discussion pls.



#2

Posted 29 February 2012 - 05:47 PM

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One government more charitable, the other more tight fisted?
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#3

Posted 29 February 2012 - 05:48 PM

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For those who is not familar with EPF.

http://en.wikipedia...._Provident_Fund

#4

Posted 29 February 2012 - 05:49 PM

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Any one knows why the interest for these two schemes differ by so much?

2.5% against 6%. It is not just for the last few years..........

Are the Malaysian investment doing so much better? Do they dip into their reserves? Ever been raised in Parliament?

Serious discussion pls.

Indeed high... but their borrowing interest rate is also high.... Try taking a house or car loan in MY and you will know....
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#5

Posted 29 February 2012 - 05:59 PM

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Indeed high... but their borrowing interest rate is also high.... Try taking a house or car loan in MY and you will know....


But Temasek and GIC mentioned that their long term growth is almost 10%(maybe wrong but I am sure its high). If so, cant they peg the CPF rates to match inflation. Afterall CPF is for retirement? They can keep the balance.

#6

Posted 29 February 2012 - 06:01 PM

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From 1983 onwards the EPF gave a min of 4.25%.

You mean the cost of borrowing never dipped below 4.25% in all these years?

#7

Posted 29 February 2012 - 06:04 PM

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But Temasek and GIC mentioned that their long term growth is almost 10%(maybe wrong but I am sure its high). If so, cant they peg the CPF rates to match inflation. Afterall CPF is for retirement? They can keep the balance.


if you have a big nest egg, how to ask you work beyond 65?
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#8

Posted 29 February 2012 - 06:09 PM

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that's why WP question CPF rate is < inflation rate
does that means CPF member is "actually" losing money?


#9

Posted 29 February 2012 - 06:18 PM

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Any one knows why the interest for these two schemes differ by so much?

2.5% against 6%. It is not just for the last few years..........

Are the Malaysian investment doing so much better? Do they dip into their reserves? Ever been raised in Parliament?

Serious discussion pls.

Singapore credit rating is AAA so 2.5% is A LOT already.
Malaysia credit rating is ??? so 6% is very low for thier risk level.

... actually I guessing only...
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#10

Posted 29 February 2012 - 06:48 PM

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Singapore credit rating is AAA so 2.5% is A LOT already.
Malaysia credit rating is ??? so 6% is very low for thier risk level.

... actually I guessing only...



Ooi what you say makes no sense la.

#11

Posted 29 February 2012 - 09:04 PM

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Any one knows why the interest for these two schemes differ by so much?

2.5% against 6%. It is not just for the last few years..........

Are the Malaysian investment doing so much better? Do they dip into their reserves? Ever been raised in Parliament?

Serious discussion pls.



malaysia government has predicted malaysia to be bankrupt by 2020

#12

Posted 29 February 2012 - 09:15 PM

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malaysia government has predicted malaysia to be bankrupt by 2020


at least they are open and transparent in that terms


singapore with all the secrecy
how do you know if singapore is not already bankrupt
but using statistics to cheat


#13

Posted 29 February 2012 - 09:19 PM

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that's why WP question CPF rate is < inflation rate
does that means CPF member is "actually" losing money?


Without the CPF scheme, our loss would be even more. We would have even less for 'retirement'.
Can expect that to be the answer given....

#14

Posted 29 February 2012 - 09:20 PM

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at least they are open and transparent in that terms


singapore with all the secrecy
how do you know if singapore is not already bankrupt
but using statistics to cheat



every month CPF and COE collection not enough?

many countries also owe us lui....

#15

Posted 29 February 2012 - 10:15 PM

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at least they are open and transparent in that terms


singapore with all the secrecy
how do you know if singapore is not already bankrupt
but using statistics to cheat


they show you a virtual figure online, printed statements?
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#16

Posted 29 February 2012 - 10:37 PM

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And why 4% for medisave and special account but not ordinary account?



#17

Posted 29 February 2012 - 10:47 PM

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its interest rate related in the MY case but seriously our CPF is jus a can of worms. and now someone try to lift the lid again. yes the inflation outstrips the interest rate - value erode every year, and comparing to typical bond issues for funds, the issuer pays at least coupon int of 4-5% - we shd be happy w 2.5%.
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#18

Posted 29 February 2012 - 10:49 PM

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every month CPF and COE collection not enough?

many countries also owe us lui....


that is where you are wrong

we have a national debt
this debt is a loan from the people of singapore
where it comes from your cpf

#19

Posted 29 February 2012 - 10:51 PM

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Don't look at the absolute figures.

If like this, invest in rupiah is the best. Put in bank already got 11%.

#20

Posted 29 February 2012 - 10:53 PM

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Don't look at the absolute figures.

If like this, invest in rupiah is the best. Put in bank already got 11%.


not so high liao...at least for the ones i manage, 6.25% nia.
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