Wisdom Tooth Part II

This is ridiculous.

How come subsidized patients get to use 100% of their medisave for surgery while private patients can only use 70%? What kind of idiotic logic is that? No wonder it's called medisave. They help you "SAVE" up all your money and keep it locked up.

Going private does not mean I am rich, it just means that the current system is inefficient. In order to get that stupid letter, you have to wait a few months to get an appointment, What if my wisdom tooth is currently infected seriously? By the time I get that stupid letter, I would have die already.

I bet it's a ploy to lock up all your money so that they can do risky investment and lose money. Even I know how risky structured products is. It's called a derivative but the performance depends on a underlying share. Derivatives are a high risk product. And they are stupid enough to invest on that. Ain't they supposed to be rise averse? Or they just can't be bothered since its not their money. Moral hazard what.

And don't even get me started on the recent hoo-ha on capital guaranteed funds. Even if you are a financial noob, think about it. How can a fixed deposit which is also capital guaranteed gives you such a low interest rate while this capital guaranteed funds gives you a much higher rate and yet claim itself also to be capital guaranteed? If you want high returns, you have to take high risk. There is no free lunch in finance. It's simple as that.

I'm just pretty annoyed I have to fork out cash for my surgery. Lucky for me, I am not that poor until I have to depend on subsidized rate. Dumb system.

On the bright side, my 1st appointment for consultation is next wed!

I want to upload all my photos but I am soooo lazy.