PPRuNe Forums - View Single Post - Emirates Provident Fund and Mondial
View Single Post
Old 13th Jan 2015, 18:29
  #78 (permalink)  
BigGeordie
 
Join Date: Apr 2003
Location: UAE
Posts: 1,026
Likes: 0
Received 0 Likes on 0 Posts
I seem to recall Dropp may have mentioned something like that once or twice before. You might as well give it up Dropp, some people don't want to listen and some people remain terrified of making decisions about their own future.

My issue with the C fund is the extremely limited number of funds available to invest in. Why restrict where you can put your own money? Bad enough that the company gives you so little choice for the B fund (which, I would point out, is coming straight out of your salary every month, so it is very much your money as well).

Comments like "I have a seven figure sum" (I assume in USD but maybe it is DHS? That makes a bit of a difference) are totally meaningless unless you also reveal how much you have put in the C fund and how long you have been putting it there for. A lot of people could probably accumulate a million in 25 years if they rented a studio apartment in International City and lived on bread and water.
BigGeordie is offline