As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID :

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Monday, 13 July 2020

GRC Temporary Relief Fund to add on to Govt Relief Support in Community???

Read? Minimum Income or Enhanced Workfare Payout???

COVID-19 taught us something!

How about MPs contributing 20 to 30% of net MP allowances after their current contributions to party fund and etc?

WP MPs start the ball rolling and set example?

This GRC Temporary Relief Fund will be closed and return to the Party who have lost the election.


  1. If 5 member grc & donate half of gross allowances i.e. $40K per month, $480K per year. Considering easily 200,000 residents, can only support small amounts of subsidies e.g. some utilities or cheap groceries or childcare centres. To build up into endowment fund need at least a few years with minimal drawdown.

    1. That is gave back to the community they vow to serve. No NATO!

  2. Nothing compare to USA's working class.
    Believe it or not, the riches country in the World?


      This is what happens now in USA.

      The richest country in the World.

      Have U heard the song - Shirley & Co - Shame Shame Shame.

      That is "Beautiful Country" in Mandarin?

  3. SINGAPORE: Workers’ Party (WP) secretary-general Pritam Singh detailed on Tuesday (Jul 28) how he would allocate half of his allowance as Leader of the Opposition towards helping low-income residents, various needs of the party and other causes.

    Earlier in the day, the authorities had announced that Mr Singh would be accorded additional privileges in his role as the Leader of the Opposition, and would also receive double the allowance of an elected Member of Parliament.

  4. Good for him, good for the people in need.

    Good for the PAPY too?


Related Posts with Thumbnails