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Found 3 results

  1. "The survey's composite five-year-expectation is 4.97 per cent - just below the 5.2 per cent predicted in the survey in September. "(see report: 'Singapore's inflation may remain elevated for years to come: survey') S$100K in CPF OA @int.2.5%, inflation 5%(proj): value @ end of 5 years??... S$100,000, net interest over 5 yrs (CPF OA 2.5%interest, 5% annual loss to inflation= nett -2.5% interest): S$100K *0.975 *0.975 *0.975 *0.975 *0.975= $88,110 (i.e. loss of nett S$11,890) to inflation due to the SG govt printing extra SGD [see: Money printing (/borrowing) by Singapore government- how much is too much? ]. Suggestion: Perhaps SG govt will allow much more than the current measly 10% of CPF OA to be invested in gold; or as a last resort, pay inflation rate plus 1% on all CPF OA accounts? Reference: - [Forbes India (Inflation)]: 'Why It Makes Sense To Buy Gold'] - Gold as an investment - Wikipedia, the free encyclopedia [pict source: https://secure.mas.gov.sg/msb-xml/Re...=I&tableID=I.1 ] [pict source: Zimbabwe Z$100T dollar note (Issue date:2008)] Caption: My currency to exchange for gold please- too many zeros for me to count, please, quick![Image source] Tags: Inflation, Singapore, provident, CPF, savings, economics, quantitative easing, gold, investment,
  2. I just did a try to loosen the wheel nuts with the small car supplied tool kit wrench. ooowwww, it was soooooo tight, tried all round. cannot even move even 1 of them. ok the wrench is rather small and has poor leverage...... but.... if really need to change the spare... I dont think I can make it :( Due to the air wrench super torque tightening? Any 'kang tao' for getting a better 1? or look for a strong pipe to better leverage on the supplied wrench?? Please advise. Thanks
  3. Help! I can't take it anymore, the vibrations on the front component speakers are vibrating and driving me nuts....... Is there any shops that I can go and ask them to tighten for me? How much usually the labour charges? thanks!!!
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