loved it when analyst cut to the chase...

http://www.thestar.com.my/Business/Busines...mble-again.aspx
Harry Su, head of research at Bahana Securities, said that with the share index dropping below 4,250 on Tuesday, "the market could head to the 3,800 according to our technical analyst."

Bahana still thinks the index will be up this year, though on Tuesday it cut its year-end target to 4,750 from 4,950. At the end of 2012, the index was at 4,316.7.

Jakarta index closed today at 4171, so possible upside of 14% if it goes up to 4750 level. The peak at end May was 5200.

Cheers, happy hunting.

PS. Also keeping an eye on Sing; my only equity fund still in black, not because its index did not dropped or the fund performing better than index, it's because ringgit has dropped more against Sing dollar.

EPF for 2014 Jan onwards: http://www.kwsp.gov.my/portal/documents/10...ANUARY_2014.pdf
New MINIMUM savings table for age base

Just thinking of Impact:
EPF A/C1 withdrawals for mutual funds / stocks?

wow,..that is a lot for my age..about >55% extra have to keep for minimum

http://www.kwsp.gov.my/portal/ms/news-list...DetailPage=true




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Wow.. will impact me lei for EPF withdrawal. I juststarted EPF investment with FSM on May lei...

that is a huge difference...just withdraw epf yesterday.
will faster invest again in 3 month time.

Epf dun want people take out money to invest fund, gov need money to roll...

This post has been edited by garfield007: Aug 23 2013, 09:38 PM

I have just made another withdrawal from my KWSP a/c 1 a couple of months ago.... I have no issues with KWSP so far. Their service is fast and efficient.

Xuzen

Good to hear effective 2014... Still got time now... Waiting to max the withdrawal again. Positive is to secure epf savers... Negative is government need more money to spend... For me choose to buy the risk asap... Since the percentage of my epf invested in fund no longer greater from 2014.... Thus, the risk is tolerable for me. Hehehehehe.... My 2 cents.

“The new rates are benchmarked against the minimum pension for public sector employees which are currently at RM820 a month.

Read more: EPF to raise members’ basic savings level http://www.btimes.com.my/Current_News/BTIM...l#ixzz2crdyV62y

I think the new table is set too high, and it is a sudden and tremendous increase from the current table. It will reduce a lot of possible withdrawals.

How could a lump sum withdrawal of RM196,000 at age 55, be compared to a pension of RM820/month? And Account 1 is not the total amount but 70%. Furthermore, the withdrawal amount for UT investment is a portion (20%) of the excess amount above the 'basic savings'.

And these investment withdrawals are not "real" withdrawals, and are still very much part of retirement funds.

I think the current table is good enough, and I rather have larger withdrawals to slowly invest than having a larger lump sum at age 55.

I could only hope that at age 55, it will be a very bad year, economically with stock markets at very low levels... else it is as good as putting the large sum of money under the bed... as it is what is visioned by the wise board of directors as the rm196,000 is arrived at with a simple math of 20 years x rm820/month.

Sifu, need advise.. Between PRSF and PDSF,which to choose now? Thanks

Gomen don't have money

If EPF intend was to help savers, they should tighten account 2 instead, I cannot withdraw my money as cash in account 1, EPF or UT. Got difference?

IMHO, got prawn behind stone.

either they not yet revise imposed control on a/c 2 for those above 50 yrs (can take out all)
or they want really want "to help savers" because they forsee mkt crashing coming??

I were thinking the same thing

Have investment in PBond
Top up monthly via monthly SI signed up earlier
Present service charge (sc) is 0.25%
Wef 1/10/2013, sc is 1%
Do u think I can appeal for them to maintain sc @ 0.25% for those investors under SI arrangement?

My agent recommend use EPF to buy PFESF
Any comments from existing investors?

Nope . To them we small time investors are ikan bilis. Don like it,don invest...
Anyways I'm stopping ddi bonds. Good bye pmutual and all the best in sucking from others

Well I like your post.

Exactly Public Mutual service charges are high, so normally customers (like me) either invest through EPF (and chooses blank for agent code) or Public Bank, and I do not wish to feed the agents commission even though I am buying with cash.

Not to forget, 250K investment in PB series fund will entitle you for a Red Carpet Banking as well.

are you sure you put blank or choose public bank then you wont get charge for upfront sales charge?
btw doing DDI with bond fund is not a right technique..because bond fund not fluctuate like equity fund..only those fund with some degree of volatility can see the power of DCA.

just my 2cents..

We as a customer still got charged on the service charge definitely, whether or not it's a cash or EFP investment but at least, we don't need to feed those we don't want to.