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Old 02-10-2014, 03:32 PM
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Bankers are very good investors.. most of them are too good instead.. they know too much and read too much WSJ, financial news.. and eager for high return.. most of them either speculate penny stocks and burnt badly or buy too much high yield stocks.. to play safe... They hardly invest in growing stocks.. because they will tell you, wah, now FED wants to cut QE, Europe side no good, CHina hard landing... until they don't dare to invest.. but they can really talk.. we are talking about steady growth wealth accumulations.. like WB.. not like those ride through the QE 3 years back make 10M in 3 years but lose 15M for the next 10 years..
Ya, engineers love 4%. It is safe.
But I prefer CPF. May be less but definitely safer.
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