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20-05-2014, 03:11 PM | #21 |
Dragon
Join Date: Aug 2006
Posts: 1,590
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Normal lawyer write letter for you cost $xxx to $xxxx depend on the complexity of the content,for Pinky case of super high net worth I think will be $
Ask a peasant to pay legal fee is as well as say this is the End for you. |
20-05-2014, 03:15 PM | #22 |
Dragon
Join Date: Nov 2007
Posts: 1,446
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Singapore lang kiasu kiasee but also not very savvy, but a lot of hearsay, a lot of monkey see monkey do. There were examples of 'hearsay and monkey biz'. Take the property topic for example, there were many coffeeshop talk abt property dipping by 30% last year. Did it? Maybe the gurus mean 3.0% but someone took away the decimal.
This CPF topic were discussed quite much lately and despite the many info shared by some, it remains 'unclear' to others. The many CPF accounts were mostly explained in that thread. I do agree to the "let the e ppl decide" model. But than we will see a new wave of b!tches who finish squandering their money, some throwing it at CMM, will come kpkb on "no save guard" or expecting welfare, once they finish their money. |
20-05-2014, 03:17 PM | #23 | |
Prof SK Ong
Join Date: Jan 2009
Posts: 10,641
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Quote:
Today blog post(repeating his mantra) again : death grip liddat.
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20-05-2014, 03:28 PM | #24 |
Prof SK Ong
Join Date: Jan 2009
Posts: 10,641
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Scary lah this guy, no scare die.
Keep hearing Kesha singing Timber in my head
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20-05-2014, 03:30 PM | #25 | |
Dragon
Join Date: Nov 2007
Posts: 1,446
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Head In Cloud, fart from the mouth
Quote:
Coming to this blogger. Ok, high returns. Ok he wants what? 6.5%? It doesn't take much to understand, high interest translate to even higher interest on loans. How many Singaporeans are on housing loan today? Be it bank or CPF/HDB, how many? There are at least 1.2mil properties and I would guess, nearly 1 mil properties are owned by Singaporeans, and if each property is owned by 2 Singaporeans (assuming), there are 2 million home owners. Do you 2 million home owners want to pay 6.6% interest (0.1% higher than CPF) on your loan? If the outstanding loan is $300k, over 30yrs, with 6.6% interest, generally, the borrower will be paying approx $2,483/mth ($833 principle, $1,650 interest). Now, if the gov uses our money (internal debt) and earns more money, i don't care if they are growing the sovereign funds or using it for national development, but I rather they earn more, which means my money in CPF is safer. |
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20-05-2014, 03:37 PM | #26 |
Dragon
Join Date: Mar 2002
Posts: 2,464
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a normal lawyer 1 hr $500 to la kopi.. this fellow mutiply by XX??
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20-05-2014, 03:45 PM | #27 |
Prof SK Ong
Join Date: Jan 2009
Posts: 10,641
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What i shared with some frens :
Our cpf isn't invested in gic/temasek. Cpf lent our money by investing in garmen bonds that pay miserly coupon returns. The gic/temasek used the borrowed money and got the better returns. Too bad.
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20-05-2014, 03:50 PM | #28 | |||
Dragon
Join Date: Nov 2007
Posts: 1,446
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A further glance down his blog... got me question his agenda.
In one of his post, I quote him Quote:
Quote:
Also, what's the cost of living? We have one of the lowest cost of living actually. Quote:
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20-05-2014, 04:00 PM | #29 |
Prof SK Ong
Join Date: Jan 2009
Posts: 10,641
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Ummmhhhhh.
What's Roy's sexual affiliation? He slammed Planned Parenthood in one blog post.
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20-05-2014, 04:02 PM | #30 |
Dragon
Join Date: Nov 2007
Posts: 1,446
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Maybe if you could rope him on ur escapade, he will hv lesser time to write those articles
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