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 Invest EPF Money, Invest EPF funds directly in the stock

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TSiamsuccess
post Mar 2 2010, 11:44 AM, updated 16y ago

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Is there a way to invest the money in my EPF directly into the stock market?
datuksri
post Mar 2 2010, 12:48 PM

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QUOTE(iamsuccess @ Mar 2 2010, 12:44 PM)
Is there a way to invest the money in my EPF directly into the stock market?
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Yes You can invest your EPF money direct to Bursa Malaysia with certain terms and conditions. You have to get approve fund manager to invest for you. email me for further info datuksi @ yahoo dot com
tq
roy918
post Mar 2 2010, 01:07 PM

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QUOTE(datuksri @ Mar 2 2010, 12:48 PM)
Yes You can invest your EPF money direct to Bursa Malaysia with certain terms and conditions. You have to get approve fund manager to invest for you. email me for further info cheater @ yahoo dot com
tq
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EPF doesn't ALLOW contributors to invest DIRECTLY in Bursa. I'm sure you are CHEATING.

QUOTE
Under the scheme, you are not allowed to acquire shares directly from the stock market. All investment must be made through fund managers appointed by the Ministry of Finance. You can choose any of the approved fund managers. The latest list of approved fund managers can be obtained from this website or any EPF office.

taken from http://www.kwsp.gov.my/index.php?ch=p2life...e_invest&ac=126
TSiamsuccess
post Mar 2 2010, 01:33 PM

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QUOTE(roy918 @ Mar 2 2010, 01:07 PM)
EPF doesn't ALLOW contributors to invest DIRECTLY in Bursa. I'm sure you are CHEATING.
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Hmm.. seems like cannot. Wonder why he says can?
Anandasurian
post Mar 2 2010, 06:52 PM

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QUOTE(iamsuccess @ Mar 2 2010, 01:33 PM)
Hmm.. seems like cannot. Wonder why he says can?
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Well, it looks like you will get a Unit Trust sales pitch... hahahaha
mynewuser
post Mar 2 2010, 06:55 PM

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QUOTE(Anandasurian @ Mar 2 2010, 06:52 PM)
Well, it looks like you will get a Unit Trust sales pitch... hahahaha
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You cn use EPF money to invest in stock. If need, I can intro you the agent.
GHz
post Mar 2 2010, 07:32 PM

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YES you can!. Check out my blog post HERE
datuksri
post Mar 4 2010, 11:04 AM

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Under the scheme, you are not allowed to acquire shares directly from the stock market. All investment must be made through fund managers appointed by the Ministry of Finance. You can choose any of the approved fund managers. The latest list of approved fund managers can be obtained from this website or any EPF office.

read carefully. You can invest via fund managers. There are afew companies provide this service. You engagage them as your fund manager. there are 2 scheme. 1. you instruct the fund manager what to buy or to sell 2. the fund manager will invest for you.

answer from the cheater and unit trust sales pitch.
newbie99
post Mar 12 2010, 03:09 PM

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QUOTE(iamsuccess @ Mar 2 2010, 01:33 PM)
Hmm.. seems like cannot. Wonder why he says can?
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You can invest directly into KLSE stocks. I have been doing that since June last year. So far I have made 3 quarterly withdrawals. You have to through an investment house. The minimum requirement is to withdraw RM20k from Account 1 during the first year. If you are qualified, you can withdraw.

This post has been edited by newbie99: Mar 12 2010, 03:10 PM
darkknight81
post Mar 12 2010, 03:12 PM

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QUOTE(datuksri @ Mar 4 2010, 12:04 PM)
Under the scheme, you are not allowed to acquire shares directly from the stock market. All investment must be made through fund managers appointed by the Ministry of Finance. You can choose any of the approved fund managers. The latest list of approved fund managers can be obtained from this website or any EPF office.

read carefully. You can invest via fund managers.  There are  afew companies provide this service. You engagage them as your fund manager. there are 2 scheme. 1. you instruct the fund manager what to buy or to sell 2. the fund manager will invest for you.

answer from the cheater and unit trust sales pitch.
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How is the charges then?
newbie99
post Mar 12 2010, 03:42 PM

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QUOTE(darkknight81 @ Mar 12 2010, 03:12 PM)
How is the charges then?
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Yeah, I am interested to know too. Mine charges me 2% annually (like what you pay for buying fund)+ brokerage commission for each transaction.
asnetworksdirs
post Mar 16 2010, 07:53 AM

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Investment in business is really wise decision which man take in his life.I am also looking for now a days that how much i can afford for business which i want to do.

 

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