Others   

CPF Investment Bank is an Investment Barrier Bank

Now then we realize! Even if it was true, what shall we do? Any hint?

pharoah88      ( Date: 11-Jun-2009 14:09) Posted: What is the objective of the CPF Investment Bank? It is an Investment Barrier which slows down investment response, imposes illiquidity, incurs unnecessary costs and diminishes the investing capital for the investor.  It is an illogical and redundant function which adds no investment value to the investor. It is timely to eliminate this layer of "FAT" (SPARE TYRE) out of the CPF Investment Cycle.

 

Hi,  I am shock when i received my cpf statement that i must pay some 'service fee' when i bought and sold a stock?  I already paid brokerage fee and why we must pay extra  to CPF?

 

Now that every Broker has Integrated Trust Account for its Securities Account Holder, CPF Investment Account is a bothersome Duplicated Account withOUT any additional benefit but incurs additional cost.  Especially now that every bank is also in the Securities business.

 

What is the objective of the CPF Investment Bank?

It is an Investment Barrier which slows down investment response, imposes illiquidity, incurs unnecessary costs and diminishes the investing capital for the investor. 

It is an illogical and redundant function which adds no investment value to the investor.

It is timely to eliminate this layer of "FAT" (SPARE TYRE) out of the CPF Investment Cycle.