Yushui Village in Lijiang, Yunnan, with snow mountain backdrop and cascading waterfalls.
12/23/2008
Losses in CPF Investment
Half of CPF members who invested in stocks and other financial products lost money. And those who have liquidated their shares lost less while those that are still holding onto them stand to lose more as the future of stocks and shares are bleak.
How could that be? Statistically, historically, based on past records, anyone who invests in stocks for 25 years will see his returns doubled or tripled. These CPF investors should take a long term view, maybe keep their money invested for another 20 or 30 years. After all they are all going to live till 85 or 100. So stay invested and the losses will turn into profits in a matter of time.
Just be a believer and all things will be fine. In the meantime just keep your fingers crossed and pray.
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2 comments:
Fucking great news!
Justice. The greedy and stupid get what they deserve.
Investing in property is better and safer compared to stocks.
http://startwealthy.blogspot.com
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