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 Fund Investment Corner v3, Funds101

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carauto2u
post Dec 6 2020, 11:55 AM

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hi finance expert, how you guys grow your RM10k from EPF withdrawal?

your ideas are much appreciate.
carauto2u
post Dec 6 2020, 12:43 PM

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QUOTE(MUM @ Dec 6 2020, 12:06 PM)
What is your expected returns of investment per year for this 10k?
How much money will you willing to see looses before you get out of it?
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double in a year?

QUOTE(thefryingfox @ Dec 6 2020, 12:13 PM)
Buy ps5 and a few game and enjoise ...use the oppurtunity to create online network or even twitch channel....generate income ...or create youtube page to review games
For sure bro..
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I have a youtube channel, not easy to gain subscribers yet alone new channel doh.gif

QUOTE(bee88 @ Dec 6 2020, 12:18 PM)
Can reinvest in epf to get higher dividend compared to fixed deposit if that is your plan.
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true of that but anyways to get higher.
carauto2u
post Dec 6 2020, 12:48 PM

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QUOTE(MUM @ Dec 6 2020, 12:46 PM)
then, How much money will you willing to see looses before you get out of it?
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30%
carauto2u
post Dec 6 2020, 03:17 PM

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QUOTE(victorian @ Dec 6 2020, 01:24 PM)
If you need to ask, then don’t withdraw your EPF money. Just let it grow.
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epf given 5~6% annually, shouldn't be any way to make it higher?

QUOTE(waghyu @ Dec 6 2020, 02:45 PM)
forex gambling strategy. Easy to double the money.
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too risky right? is like going to genting...

QUOTE(whirlwind @ Dec 6 2020, 03:12 PM)
Leave it in epf
Learn how to invest in UT (epf-mis)
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what is UT?
carauto2u
post Dec 7 2020, 09:07 AM

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QUOTE(cklimm @ Dec 6 2020, 05:30 PM)
Its ok, just take it out and learn whatever lesson from it.

Its better to lose 10k now than 1 million in 2050.
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Yeap it will be a good experience, but as if i have a lot of capital bro.

QUOTE(infested_ysy @ Dec 6 2020, 05:47 PM)
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
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I managed to get a youtube 1k subscribers in within 2 years, all about work and luck.

QUOTE(polarzbearz @ Dec 6 2020, 09:28 PM)
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.
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been trying for UT with EPF last 4 years and below is my result, 25% return after 4 years. similar with EPF.

user posted image
carauto2u
post Dec 7 2020, 09:08 AM

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QUOTE(Lucas0323 @ Dec 6 2020, 10:38 PM)
Study undervalue stock bt with good foundation then all in. Better than genting at least.
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i think it takes very expert or luck to do so. either ride or die mode bro
carauto2u
post Dec 7 2020, 09:12 AM

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QUOTE(popopi @ Dec 7 2020, 09:09 AM)
where to apply for this 10k? got update already?
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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

carauto2u
post Dec 7 2020, 09:45 AM

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QUOTE(popopi @ Dec 7 2020, 09:16 AM)
Seems like I am not qualified....  cry.gif
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even you have RM200 in your account 1 you're still eligible bro unless non epf contributor only.
carauto2u
post Dec 7 2020, 10:20 AM

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QUOTE(CSW1990 @ Dec 7 2020, 09:55 AM)
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
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thinking invest in gadgets to make videos / do a small used car. one low risk and one high risk respectively

QUOTE(popopi @ Dec 7 2020, 09:57 AM)
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?
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sh*t i forgot that for stable job. because my job always unstable and most of the people around me having pay cut.

 

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