But I pity granpa Goh, after all the thriftiness to save up the
coffer, only to see HO Ching and gangs wasted it all to the west
thru investment. I think Granpa Goh is so sad that he end his
life.
The only way not to lose $$ in investment is NEVER invest.
Temasek and GIC gain more and loss less. Go to search for
yourself abt their performance in long term.
2.
http://www.news.gov.sg/public/sgpc/en/media_releases/agencies/mof/speech/S-20090528-1.html
Temasek, after the big drop in 2008 crisis, still gain S$ 53 b ,
compared with 2003.
Temasek admits assets is S$ 172 b and GIC is estimated at abt US
$ 230 b.
This is a peanuts loss few b! Ok? no need to worry abt your
CPF.
