“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
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I think can, I just googled.
Returns can mean many types of returns.
Holding Period Return = Income + (End of Period Value – Initial Value) / Initial Value
So in the example, Holding Period Return = Income + (End of Period Value – Initial Value) / Initial Value = 0 + ($300 - $100) / $100 = 200%
A fund manager will never present total return over 20 years by itself.........
the priority is still the compounded return p.a. because that is a more relevant yardstick (otherwise somebody can present total return over 10 years, some present over 20 years, some over 30 years, some over 40 years, the longer the higher return right?)
minority,
You are in DENIAL mode because no online calculator supports your version of calculation and your LIE has been exposed by heehee?????
You can't read the webpage provided by heehee? You blind?????
Anyway, here it is this online calculator again, and don't ask for it anymore!
https://make-money-secrets.blogspot....payreturn.html
minority,
That online calculator posted by heehee NEVER GIVE 7.5% return you claimed!!!!!!
Where is that 7.5% return you claimed that CPF Life give us??????????
Bequest? Bequest = 0 at about Age 78 years old for CPF Life Standard........
Oh minority,
You have been exposed to be the BLATANT LIAR here by heehee!!!!!!!!!!
Last edited by teddybear; 16-02-17 at 20:17.
I asked heehee the question but you chose to answer on his behalf.
But you misled in your reply and said no such returns at 200%.
I am not a fund manager and I do not know what is their priority. Unless you are a fund manager which I doubt as you do not even know there is a return called Holding Period Return and didn't even bother to google to check before giving a misleading reply to me to say a firm no to 200%.
So you should just stick to your debate with minority instead of giving me a crap reply/advice.
Shoo off!
Up to you.......
When you google "Holding Period Return",
did you see "Annualizing the holding period return" or "Annualized holding period return"? - That is what I am referring to......
Obviously there are many kind of returns, and I am (and people who understand what I am talking about) only interested in annualized return p.a. or compounded return p.a. because only these kind of returns than we can compare the performance of 1 fund manager with another fund manager......
I think you people can read for yourself about CPF Life for man:
https://make-money-secrets.blogspot....ation-for.html
and CPF Life for woman:
https://make-money-secrets.blogspot....on-for_29.html
Then too bad, I am afraid you have to shoo off!!!!!! instead!!!!!!!!!
This thread is about CPF related matters, and your question is not related here, please go to the correct thread to ask your question there, so you can shoo off from here!!!!!!!!!!!............ Ha Ha Ha!
minority,
The article you posted from
http://dollarsandsense.sg/is-the-cpf...ally-that-bad/ )
has NOW been confirmed to be NOT TELLING THE WHOLE TRUTH lah!!!!!
Why so?
First, read here:
http://forums.condosingapore.com/sho...823#post523823
Then FACT CHECK:
Assumptions: ( Exactly same as http://dollarsandsense.sg/is-the-cpf...ally-that-bad/ )
1) Drawdown age remains at 65 years old
2) Payout remains at S$1,200
3) Current interest rates of CPF will remain unchanged
4) The minimum sum of S$155,000 is attained at age 55 years old
5) Life expectancy based on World Bank is at 82.1 years old
FALSE results/conclusions from http://dollarsandsense.sg/is-the-cpf...ally-that-bad/ )
Results:
1) The amount accumulated at age 65 is approximately S$216,000
2) The effective interest rate is 3.32% per year
3) It takes 21 years and 4 months to completely wipe out the S$216,000
4) There will still be S$67,100 in the CPF, when an individual survives until 82.1 years old
- Don't know whether this person failed his MATH or he is trying to lie???
REAL HARD-TRUTH RESULTS (using integrated CPF Life Payout-Return Online Calculator developed by independent EXPERT):
Results from online calculator:
Description Data Entry
CPF Life Amount at 55 years old ($) 155000
Age you expected to live until in (Years) 82
CPF Life desired return you would like (%) 0.12
Bequest you want to leave behind ($) 0
CPF Life Amount at 65 years old Calculated 242412.11
CPF Life payout p.m. at desired return Calculated 1200.52
REAL CPF LIFE RETURN = 0.12% !!!!!!!!!!!!!!!!!!!!!
YES, THAT IS TRUE, "0.12%"!
(Even lower than the "0.13%" I previously calculated, see here:
http://forums.condosingapore.com/sho...823#post523823
)
Conclusion: So, if you can live till 82 years old, CPF LIFE only pays you an INTEREST = 0.12% !!!!!!!!!!!!!!!!!!!!!!!
HO HO HO, LIES, FALSEHOODS exposed within HALF-TRUTHS!!!!!
Ho Ho Ho, minority has been exposed to be a BLATANT LIAR here!!!!!!!!!!!!!!!
Your question relevance? I think only you one and only think so............
Ok ok, give you benefit of doubt, let's see whether heehee replies you since you said you are asking him/her the question.......
If heehee DID NOT REPLY YOU means must be your question VERY NOT RELEVANT (or too NAIVE for him/her to answer)?.........
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
https://www.facebook.com/shutdowntrs
minority,
Don't come bullshit here, BEQUEST = ZERO lah!
When Retirement Account = $155k
CPF Life Standard payout = $1200 pm
So Bequest at Age 78 and after = $0
You think you can confuse us with the payout now because now Full Retirement Sum = $166k (not $155k) and hence payout pm = $1300+ pm???
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
https://www.facebook.com/shutdowntrs
From CPF LIFE TOOL
EAT THIS!!!
for 166K AT RA U CAN GET UP TO 1300pm!!!!
So What next? Wat is ur next BULLSHIT???
Plan CPF LIFE Basic
Monthly payout1 from 65 $1,190 - $1,317
Bequest left for your beneficiaries at selected ages
Bequest at age 65 $243,578 - $254,557
Bequest at age 75 $183,120 - $194,236
Bequest at age 85 $95,197 - $102,183
Bequest at age 95 $0
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
https://www.facebook.com/shutdowntrs
There is no point in your bullshit any more lah!
People who want to know the real CPF Life's return can go to access the integrated CPF Life return calculator posted by heehee, don't need to listen to your LIE and bullshit, anyway, they won't be able get 7.5% return CLAIMED BY YOU using that calculator!
People can read here:
https://make-money-secrets.blogspot....ifference.html
In that online article, there were records that when CPF Retirement Account balance at 55 = $151,000, CPF Life Standard monthly payout = $1198 p.m., and CPF Life Basic monthly payout = $1096 p.m.
http://forums.condosingapore.com/sho...195#post524195
This is so true, that is why we need to see full transparency in CPF Life and Medishield Life as well in terms of full annual financial report..............
Why should people have blind trust on CPF Life's finances when they don't guarantee solvency of CPF Life?
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
https://www.facebook.com/shutdowntrs
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
https://www.facebook.com/shutdowntrs
If they really think that people trust them, then put it to a vote to see whether people want to have CPF Life scheme's annual financial statements with full details!
Why they have the CPF Life's financial statements but refuse to release? Don't tell us they don't have?