The rising inequality, consequences of contemporary capitalism add fuel to democratic docialism. Its a battle btw 2 ideology.

Real problem is with rising inflatio n leaks, the once upper middle class might get downgraded to upper B40.
When that happens, mindset change n oso ask for taxing the rich, mmt, food stamps, etc.

Its growing trend...the great politicians will always play the minds of the poor...as the number of rich is shrinking.
Just like stocks...once many great companies are dying/dead, except the top 5 getting richer.

Kwsp offer 6.1% dividend, but if we study real inflation..is it 2%, 5% or 10%?

Comparatively, our purchasing power gets eroded...just how slow. Those who find themselves in 40s, 50s w/o $1m nest egg getting desperate n frustrated.
Grabbing at straws.

Normally, unker dont write too much...wfh (open laptop), due to colleague positive case.

This post has been edited by Unkerpanjang: Mar 9 2022, 11:05 AM

Happy Sunday,
Unker says many intelligent forumers here.
Must control our minds towards positive thoughts and financial workarounds.
Negative posts amplify negative thoughts by 50x.
Every Country has its own problems.
Concentrate on those actions within your control....enuf stress in our daily lives.
To be in this thread shows u r financially afloat compared to many unfortunate souls.
Just continue on your wealth journey...noted some needs to move faster, others stroll along, while a few are sipping tea n admiring the sunrise.

Alamak, i think rest of forumers are earning salary in USD.
Just google gold price chart in myr, sgd, thb, sri lanka, aud, pound, yen, won, pesos, etc etc...just extend to months n years.
We'll come to a rational conclusion wnether gold $ up, down or flat.
Unker too free today. In same 1 day timeframe, bitcoin oso down....except xrp up trend.

Oops, unker Out of Topic.

This post has been edited by Unkerpanjang: Oct 10 2022, 11:27 AM

I can only speculate. Art of War.

1st 9 months 2022 bad work from previous govt.

Expect 2023-2024 bumper dividends?

This post has been edited by Unkerpanjang: Dec 20 2022, 10:51 AM

Will look out for the 200+ political appointees , if any in kwsp.

The 2 unkers here are near 60 yo, still gainfully employed. Memang kwsp is a high yield savings account la....oso sadly, we both are the Peters. We are the robber accomplices. Most pension funds are deficit funding, burden on next gen.

[quote=Ankle,Dec 23 2022, 06:38 PM]
At the end of the day its back to meritocracy.

More savings equals more dividends.

Its a very fair thing.


I just need to emphasize 'meritocracy' meant to cover talent, effort & aspiration....it will cover a from brain surgeon till a rubbish collector.
Loudest are those that play the helpless victim.

Here's wishing everyone...aim to be above average! Merry Christmas n Haply New Year...Heng! Huat! Ong!

Imho, working past 55++ yo is a privilege. Indirectly it means a person is physically fit, intellectually, mentally n emotionally contributing to an Org...and $$ supporting many other families (vendors, hawkers, colleagues etc) thru economic transactions.

Retire way too young, and the $12-15k monthly passive income wont bring life of luxuries. Stocks dont go up always, hence during such lean times, stay productive thru work or side biz.

One school of thought, Fed will not pivot immediately (after 1 decade of QE). Expect a longer n deeper pain for S&P, Russel n Crypto (included.)

Of course, theres many forumers whose already a sidelines drinking tea...Fried Rice, Dr Doraemon, D-r-w-y-k, respect their achievements n karma!

Hello, next time need to coordinate our responses...so that readers dont waste time digesting msg with similar responses, values.

A kwsp member with investment in excess of $1M can withdraw the excess $ anytime.
E.g. member A 29 yo has $1.9M, can withraw $900k immediately, go kwsp office.

Hello bro, so many other things to sell b4 you think of withdraw your kwsp...in random sequence.
1. FD
2. Asnb
3. Sspn
4. Underperforming stocks
5. Refinance your bmw
6. Sgp forex
7. Ark etf
8. Biz refinancing
9. Borrow $ from your gf parents
10. Gold
11. Rolex, AP, PP
12. Others?

Alternatively, starting thinking 2nd job ... Go Sgp work.
If really in deep shit trouble, go AKPK thread top of lowyat page.

This post has been edited by Unkerpanjang: Dec 27 2022, 08:33 AM

Can someone help explain meaning in hokkien or cantonese? Thanks in advance for your leniency. Help me vote the appropriate reason..

A.


B.


This post has been edited by Unkerpanjang: Dec 30 2022, 07:33 AM

Wow! Actually this morning Unker very senang in office, after housekeeping n sweep floor, no other work. Lady boss oso no come check yet. Unker lepak.

Unker want to reply your post one...but see Senior write so cheem (deep n cover all angles) n rational, Unker just delete reply la.

Bro, Happy New Year...this year Australia come to you, or you go to Australia? Huat, Ong, Hee...this year we gold bug thread ..sure #1, lar.

Bro, in all honesty, a well written n articulated response.

Bro, Bro sekalian,

Hahaha, I actually quite good deduction skills le. As I continue to suspect, some forumers are framing their opinion based on different geographic locations.

Soon, Bro oso cakap based on Ozzie ar? Wah, I will feel very lonely, alone in Malaysia leh.

🤩🤩🤩🤩🤩

Queen head still best...!!!

Sorry all, out of topic....just couldn't help it. Beauty!

Bro Wedchair,

If USD dumps...I think kwsp dividends will oso drop. 25% in USA denominated funds? But, the dollar milkshake guy, Brent of Santiago Fund n Jim Rickards says many more years b4 it happens.

But how come we only hear Ang moh cakap, we Asians really need to step up le...maybe, it's language barrier.

I beginning to think Jakarta has inclusive culture le....maybe, open roti shop there. Shud be great travel opportunity, big country.....or even Sarawak.