Almost zero profit for HK MPF in the past 8 yr.Return v risk

• lionnoisy

  24 Feb 09, 15:08

  DO u know u MUST invest your $$ in HK MPF--

  Mandatory Provident Fund,a CPF like scheme?

  HK pple dunt have the option to leave the MPF in their account

  and enjoy risk free return.In SG,u have the option to enjoy

  3.5 to 5 % interest rate in your CPF acct!!

  @@@@@@@@@@@

  HK Mandatory Provident Fund record almost zero profits in the past 8 years.

  If u concentrate in funds and share or u just joined the MPF in the recent

  few years,u most likely lose some capitals.If u joined earlier,u may be better.

  ''Total Net Contributions during the Period from Dec 2000 to end 2008 is

  HK$ 208 596 million.

  Net asssets values as at end Dec 2008 is only

  $ HK 209 484 million.''

  DO u know u MUST invest your $$ in HK MPF?

  HK pple dunt have the option to leave the MPF in their account

  and enjoy risk free return.

  So,u may blast PAP dunt allow u withdraw your CPF to invest other

  better return products.think if u are smart than HK investors.

  

  http://www.mpfa.org.hk/english/quicklinks/quicklinks_sta/files/Dec_2008_Issue.pdf

  page 11

  @@@@@@@@@@@@@@

  every investment come with risks!!

   

• lionnoisy

  24 Feb 09, 15:09

  http://www.hkej.com/template/forum/php/forum_details.php?blog_posts_id=10542

  u can read more hrer,in Chinese.

  2009年02月24日 08:40 網站編輯

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  強�金─�與答

• Worldlybusinessman

  24 Feb 09, 16:45

  PAPA is best lah! Even aussie pressure their govt to follow sg system of CPF

• angel7030

  24 Feb 09, 17:20

  yalor, even the thais are following Singapore model of giving rebates to those who are working.