DO u know u MUST invest your $$ in HK MPF--
Mandatory Provident Fund,a CPF like scheme?
HK pple dunt have the option to leave the MPF in their
account
and enjoy risk free return.In SG,u have the option to enjoy
3.5 to 5 % interest rate in your CPF acct!!
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HK Mandatory Provident Fund record almost zero profits in the
past 8 years.
If u concentrate in funds and share or u just joined the MPF in
the recent
few years,u most likely lose some capitals.If u joined earlier,u
may be better.
''Total Net Contributions during the Period from Dec
2000 to end 2008 is
HK$ 208 596
million.
Net asssets values as at end Dec 2008 is
only
$ HK 209 484
million.''
DO u know u MUST invest your $$ in HK MPF?
HK pple dunt have the option to leave the MPF in their
account
and enjoy risk free return.
So,u may blast PAP dunt allow u withdraw your CPF to invest
other
better return products.think if u are smart than HK
investors.
http://www.mpfa.org.hk/english/quicklinks/quicklinks_sta/files/Dec_2008_Issue.pdf
page 11
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every investment come with risks!!