Like you all, i come this kopitiam wonderland to relac one corner.
But after i and ALL OF YOU together have to go out into the real world.
Then that $50k COV you paid is real money. That is 1/3 of your CPF minimum sum.
When interest rates go up, that additional $XXX more every mth you all pay for your loan is also real money.
When you pay your taxes, see that gap between the amount you earn last year and increment in your savings. Then think where did that money go. That gap is also real.
D800 : FX 16, 24 , 50 1.2, 85, 24-70VR, 70-200 / Zeiss 21, 35, 100, 135 / ART 50 .
Last edited by Zenten; 28th July 2015 at 07:32 PM.
Nikomi Canpen Zenten :eek:
Not exactly 100% Natural but definitely the closest you can get to it
Lots of Taxi drivers are very angry with the government because of Uber and those apps reducing their rice potion by as much as 1/3. What will be the impact coming September?
Canon 30D, G11, 50 f1.8II, 10-22 f3.5-4.5, 24-70 f2.8L, 70-200 f2.8L IS, EX580II
Anyway, lets all look forward to the SG50 interest rate rise!
Lets celebrate this festive time with all the poor debtors whose spending power are getting eroded!
And lets look out for special SG50 discounts from retailers who are desperate for business because consumers can't spend!
I mean, have you seen the dismal data put out by retail REITs since 2010? Ho ho ho. They can surely do with some SG50 sale!
Must support them! Buy more cameras! Provided, of course, if you have savings to spare.
Or call taxi hotline or use taxi app to book taxi but none available for 30mins.. esp during bad weather etc..
Of the 5.5m population in Singapore, 1m++ are foreign workers; and 2m are PRs and new citizens (converted from other citizenships), it is of no surprise that the no. of households hanging Singapore flag is low.
Gentle reminder, CPF min sum is upped again.
Please keep your head down and work hard.
1. To those of you shelling out $1k+ for your loans, when you look at your bill and feel pain, remember Sg will always be behind you! But just remember to pay your damn loan.
2. To those not in debt, remember to monitor how much you save. If you feel you are not saving enough, you are still probably better than the bottom 30% of income earners, who can't save anything at all. And yes, if you haven't bought your housing, you will eventually end up in (1).
Considering that you are using your own cpf $ to buy your hdb flat.. then you have to pay interest using your own $$ in the first place.. I should be "smiling"
There are 2 schools of thoughts. One supported CPF scheme while the other opposed to it. There will no clear winner at the end of the day. You can argue or debate for the whole day until the cow comes home.
The government has listened to some of the opposed voices so they have twisted a little bit of the CPF scheme recently.
Just remember that Singapore will never be a welfare state, so CPF will stay firm.
The govt is paying YOU interests for the money in your CPF account. So if u wan to use the money, it makes sense for u to pay the interests back.
If u expect not to pay back interests when u use the money, then CPF is not fulfilling its primary objective of a retirement system.
You want everything and eat the cake too? Where got such thing?
Be glad that our lives in SG are not like these people in the news.