rockypath

Why should I tell you about my personal finance info?

Did I ask for your personal finance info? LOL...   I only ask for the percentage of the management fee mutual funds charge in general in Canada and the information is public.  Again, you still do not have the gut to answer my question directly. if it is not a behavior of a coward, what is it?

1) why is it mandatory?


Why is CPP mandatory? Compare to 香港強積金, how much control do you have over your CPP? HK people have much more control over their retirement fund than your CPP. Is it not true?


2) why are the guaranteed profits funnelled to the rich banks and fund managers, who are already extremely wealthy? What does that do to the wealth disparity?

Are you telling us CPP does not cost anything to run? Who is paying for the management cost of CPP? If management fee is a guaranteed profit to rich HK bankers, isn't CPP also fueling the bankers as well? Management fee for a fund is a reason for wealth disparity in HK? Do you really believe we are idiots?

P.S.  I can tell you that the management fee for one of my mutual funds is about 2.35% and it is already considered low. There are funds in my profolio charge a fee higher than that.

rockypath

Clearly, your post has shown that you have zero understanding of how CPP works. Stop embarrassing yourself la.
Lik 發表於 2011-11-28 12:24

Why do you continue to keep your head in the sand and be a coward?

Why don't you tell us how the CPP is managed and run? Just tell us and don't BS anything else.

We have been waiting. I don't mind to be embarrassed by you, but you always chose to be a coward instead of standing up like a man.