Thursday 3 April 2014
Compound Interest is not the same as Compound Returns (5)
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?
Subscribe to:
Post Comments (Atom)
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.