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Archive for the ‘Society’ Category
Oversight of GIC urgently needed by Parliament

Oversight of GIC urgently needed by Parliament

After The Straits Times had published “GIC seeding start-up fund headed by ex-CIO: Report” on 3 April, there was not even a whisper in Parliament about the hundreds of millions/billions of CPF dollars/reserves being invested. Recall Minister Vivian asking “How much do you want? Do you want three meals in a hawker centre,... 

I have been convinced, SG is getting more difficult to manage, and may not be around

I have been convinced, SG is getting more difficult to manage, and may not be around

Singapore is growing every day and is a big country. And the bigger it grows, the bigger the island, Australia is also an island, and the bigger the population, the more complex will be its problems and ability to survive. There may not be a Singapore in 50 years. Actually I think it will be sooner, maybe 20 years, when Singapore... 

When should one stop saving for retirement?

When should one stop saving for retirement?

Theoretically one should never stop saving for retirement if one can afford to as no one can tell how long would a person live. For practical purposes, and with statistics available, it is reasonable to say that most people would have died before they hit 90. By 80 probably 80 percent could have died. By 70 very likely 60 percent... 



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