Its ok, just take it out and learn whatever lesson from it.

Its better to lose 10k now than 1 million in 2050.

Yeah, and become 1 out of the 100,000 other micro youtubers with 50 subscribers even though they've tried everything they could to become popular

You need to be very very talented and lucky to make a living on those platforms

You'd be lucky if it was over 2.5% (the minimum rate under law) this year, especially with all the selling of stocks at the bottom to fund withdrawals Better withdraw and dump into the stock market yourself.

Risk can be managed. Lower lot per trades.

Unit trust

You can invest yourself online. Don’t need any agent

One thing to note - most UT (Unit Trust) fund sucks, and regardless of their performance, you're ought to pay their fund management fees anyway.

There's a few fund that stands out and pass the test of time (past 5-6 years performance) slightly outperforming EPF consistently, but exposing yourself to way higher risk (also let's not forget EPF stood the real test of time since 1952. 5 years is nothing to shout about).
Whether the risk is acceptable or not depends on your current appetite and investment horizon. If you're approaching retirement, forget about unit trust, simply not worth it.

If you're young, maybe, but then consider the downsides as well (fees, performance, etc.) and one thing for sure if you do - buy and forget. Don't even think of trading "ACTIVELY" with unit trust like a stock - because it's not. Any investment vehicles containing basket of stocks (UT, ETFs, etc.) are best treated passively.

This post has been edited by polarzbearz: Dec 6 2020, 10:30 PM

Study undervalue stock bt with good foundation then all in. Better than genting at least.

Yeap it will be a good experience, but as if i have a lot of capital bro.

I managed to get a youtube 1k subscribers in within 2 years, all about work and luck.

been trying for UT with EPF last 4 years and below is my result, 25% return after 4 years. similar with EPF.

i think it takes very expert or luck to do so. either ride or die mode bro

where to apply for this 10k? got update already?

I have been wondering, though I don't need the epf withdrawal, can I withdraw, put it in fd for say 8 9 months, then pump back into epf account consider it as self contribution to reduce tax.

I need to have support doc to withdraw right?

This post has been edited by littlegamer: Dec 7 2020, 09:13 AM

http://isinar.kwsp.gov.my/

3. Bila dan bagaimanakah saya boleh memohon i-Sinar?
Sekiranya anda tergolong dalam Kategori 1, anda boleh mula memohon pada 21 Disember 2020.
Bagi anda yang tergolong dalam Kategori 2 pula, permohonan boleh dibuat bermula 11 Januari 2021.
Permohonan i-Sinar hanya secara online di laman web isinar.kwsp.gov.my

Seems like I am not qualified....

Hey, that's a pro gamer move, will look into this.

if you falls under Cat 1...no document needed...
“Those under this category don’t have to provide supporting documents as the approval is automatic based on EPF’s internal data."

if falls under Cat 2.....can only be verified through supporting documents.

https://www.malaymail.com/news/malaysia/202...drawals/1928270

on this ...."then pump back into epf account consider it as self contribution to reduce tax."
only if you have not fulfilled your EPF tax relief claim quota from your existing income....

and if also qualified for PRS & SSPN.....then more tax reduced

This post has been edited by MUM: Dec 7 2020, 10:10 AM

even you have RM200 in your account 1 you're still eligible bro unless non epf contributor only.

For 10k cash invested in no risk investment , don’t expect it can beat EPF.
Those eligible for withdraw are either jobless or pay cut, should focus on getting a job or find a better pay job, not on how to grow this 10k to 20k or 50k in high risk investment tool

i see there is category 1 and category 2...
from my understanding, if i still have stable job. i not allowed... OR i read wrong?

Invest into BMF products...

BBB UUU all in epf.