minority is the epic LIAR that tried to con us that CPF Life's return is 7.5% p.a.!
Obviously I depend on online calculator like here:
Very simple, because the developer of this online calculator is an EXPERT in MATH, have PHD in Engineering, have studied Chartered Financial Analyst (CFA), and have more than 30 years' experience in investments & trading in stocks, properties, bonds, ETF, & futures,
so >100x more qualified than you!
Why would anybody of sane mind believe in your calculation vs an expert?
Not when you are the well-known epic LIAR that tried to con us that CPF Life's return is 7.5% p.a. and tried to give us FAKED calculation!!!!!
So why would I or anybody believe minority (the BIGGEST LIAR and bullshitter here) rather than this person's online calculator!
Even ilikeu's post on CPF Life Basic plan's returns have been beautified to look better than they really are, let alone the CPF Life Standard plan's returns which HE DARE NOT REVEAL, BECAUSE THE RETURN IS JUST TOO LOWwwwww (even after he beautification method)................ Ha ha ha!
Anyway, whether this blogger's online calculator is correct or not can be double checked! (and I have done some check and am sure that his/her online calculator is more or less correct! (may be just +/- a few % difference but doesn't change the conclusion derived!))
Do you dare to develop an online calculator and let everybody double check and verify that your calculation of CPF Life's 7.5% return is TRUE???
Ha ha ha! The answer is OBVIOUS! Yours can't stand up to scrutiny, obviously cannot be developed into an online calculator (just like ilikeu) for people to verify and prove that you are lying!!!!!!
minority The epic liar has gone into hidding again after his LIES have been EXPOSED!
Originally Posted by teddybear
Originally Posted by minority
This is how our precious CPF is gone down the drain through really bad investment. GREED
Originally Posted by cbsh38584
Rowsley is a approved CPF stock. In Sep 12, it was just <0.10.
Rowsley share price peak at S$0.68 in Sep2013 following the RTO announcement in Dec 12. One year later , Rowsley share price dropped from the peak (0.68 in Sep 13) to 0.28 (Sep 14). My friend told to look into Rowsley stock as it has a very big potential upside due to Peter Lim big project in Isankar on healthcare, education etc etc. He bought at $0.25 (200 lots @ $50k) in 2014. Today , the share price is 0.10. Lesson learnt. Never Never use your precious CPF OA to buy speculative penny stocks. There are hundred of CPF approved Penny stocks under water. Some of them is already delisted or under suspension.
My former classmate bought $50k HSBC unit trust using CPF OA. 18 years later, it just breakeven. If he will to transfer his $50k CPF OA (2.5%) to CPF SA (4%). His CPF $50k in CPF SA will grow from $50k to $100k.