correct me if i am wrong, currently cpf pay 2.5% per annum, if
our cpf were to peg to temasek or GIC....defintely better right, by
the way, does anyone knows where GIC and temasek got the money in
the first place, can anyone confirm its CPF money?
and 4% if u keep it after retirement
do u think LKY will use his own money to invest in GIC and
temasek??? do you think that he is so stupid to take loans from
financial insitutions who charges high interest rate and more
importantly, the need to declare your financial status and
account.
if there is a venue whereby you dun hv to seek approval, no
interest, no committment, no individual lost and still can get
plently of it, u go for it..and that is the CPF. Tell me, how do
they paid you the interest of 2.5 or 4% if they dun invest in
it??