Read? Compound Interest is not the same as Compound Returns (4)
Your CPF OA @ 2.5% and SA, MA and RA @ 4% are compound interests.
They are NOT the SAME as compound investment return.
Compound investment return over market cycles may turn negative too.
Get it?
So you f... the bankers for giving you low FD rate?
ReplyDeleteWrong,CW.
ReplyDeleteWe all should have #$%@* Uncle Sam for QE and PaPies. for low CPF's LOW RATE.
While a MR L. had justed boasted in LONDON's at the opening of a new office of TOO MUCH SICK or The I C. saying, "our SW. FUND is all from the hard work of the Singapore's people but reserves for paying multi million $ to the"Elites of Singapore". Correct me if i am wrong.