04-05-2013, 04:44 PM
(This post was last modified: 04-05-2013, 05:15 PM by Temperament.)
(04-05-2013, 03:41 PM)wsreader Wrote: Temperament, are you saying thatNo. i say for myself only (1948)
for male,
CPF LIFE DDA@62 is < MS DDA@62
CPF LIFE DDA@65 is 11% > MS DDA@65
but for female,
CPF LIFE is always < MS whatever the DDA
?
And Wife (1951)
Based on CPF LIFE Calculator.
i don't know about other years and others circumstances. i think there are "variations" if you go and read the CPF LIFE booklet available on CPF websites.
It is not the same for everyone even in the same year. The GOV. really doesn't gives you a cent more but based on the amount each individual has in his MS. Another words MS also stand for "Meritocracy Scheme". Ha! Ha!
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.