Young and old investors pick fixed deposit as their top investment choice
Young and old investors pick fixed deposit as their top investment choice-poll (26 April 24, Straits Times online). I ask should the poll findings surprise anybody? I am not. Let me explain. The current inflation rate in Singapore is hovering around 3.3% and fd interest rate is paying something between 1.95% to 3.2%, so, money...
There are crimes and there are crimes
I was, until a month ago, married to Vietnamese girl, who believes that Singapore is heaven on earth. Whenever it came voting, she’d always remind me that it was “Lee Hsien Loong” and his family who built up Singapore to what it is. In fairness to my ex-wife, she grew up in rural Vietnam and had a tough upbringing. She’s...
Singapore Has The Oldest Population In SEA
Look at the startling statistics below. Singapore has the oldest population in SEA by a long way! Thanks to the PAP and ineffectual Ministers such as Josephine Teo and Indranee Rajah, our TFR has sunk to a miserable 0.97 ( A TFR of 2.1 is necessary to even replace the population). Our Young people are not reproducing because...
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- Singaporeans R Free Riders on The fate of Singapore
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