If transfer from A/C 2 to A/C 3, or later on setup SI to transfer from A/C 3 to A/C 2 will cause the transferred amount only entitled to 1 day dividend for that month?

Hopefully I am overthinking

Deputy FM mentioned can do Standing Instruction, so the most also one time visit but even better if SI can be done online

This post has been edited by coolguy_0925: May 3 2024, 11:02 PM

No prob!

Good luck if have to physically visit their office

Cannot imagine the crowd

This post has been edited by coolguy_0925: May 3 2024, 11:48 PM

To those who really have confident outperforming EPF or having higher risk appetite they can do so

But for people like me, not high risk appetite and okay with 5%+ return I prefer leaving it as it is

However, seeing the response of members withdrawing... I am also starting to wonder can EPF continue to maintain that kind of return

Yup not that the issue came out of nowhere

IIRC one ex minister which is also now a minister said the previous MCO withdrawals did impact the div %

True

This got me wanting to do the one time withdrawal from A2 to A1 and A3 and still park there until next year div time, and decide should I withdraw from A3

If dropped to only like 5% and give that exact reason why not I withdraw to even ASM also better because got flexibility

Well still have time until Merdeka Day to pull the trigger

Like I said

Risk appetite

You are okay with higher risk taking investing overseas and foreign currency doesn't mean I am okay with it

I am aware of the depreciating MYR but everything has an opportunity cost

You will never know where USD will go down the road and more or less we know why USD is so high now

What we need to learn is respecting each others decision than keep saying what others doing is wrong

Nevertheless, guess better not pull in topics too far from KWSP here

YOLO? Got comments in socmed said their A2 already emtied when MCO so this is not benefiting them and asking for A1 withdrawal

While sometimes also true YOLO also not entirely wrong as what if tmr never come and what if investment could not outrun inflation

Thats why when we remained invested in KWSP and giving 'competitive' rates somehow can cover inflation

But if the mass withdrawal causing worsen return, then... time to say gudbye?

LOL like I said while I respect what you are doing for your money you need to learn respecting how I chose to invest mine

I am aware of the risks but I am less worried compared to holding foreign currency and I do not think flood is coming, though I had never stopped anyone here believing that

The bolded sentense is what I said, do your own thing that you think is best for you, don't have to keep saying others are wrong

This post has been edited by coolguy_0925: May 13 2024, 10:46 PM

But actually if dont cry f cry m you dont get the thing you wanted

Even this A3 thing also exists because of some group keep crying

Not that I agree with what they are advocating but they somehow made it

Well I guess from this weekend onwards can see some crowd at the mall again he he

Anyway, good that at least KWSP still do something other than giving in entirely as now A1 will become higher whenever you do one time reallocation or new contribution

You stick to what you believe and move on

I am good on what I am doing

Said you do you I do me but keep repeating the same action

What is your problem? LOL not tired keep repeating the same thing like a broken record?

This post has been edited by coolguy_0925: May 14 2024, 12:12 PM

Ya you are not wrong

If your risk appetite is such then do accordingly and hope for the best but prepare to take the cost as well

High risk high return and vice versa

Ya like hoping a retirement fund such as EPF to give super high return but expect capital guaranteed lol... be realistic mah

Well some just give out so called advice as if he is the pro without having to take any responsibility

We know what is best for us and do accordingly

Afterall they might not even have much in EPF and who knows what is the real motive behind

lol if know yiu long enough.. no I do not and even yes that is no level of trust for some random financial guru wannabe dude over an online forum

you can help by just keeping your so called opinion to yourself

that is your opinion, you think you are helping but it does not

you had your opportunity to voice your opinion but dont have to keep insisting it

no I am not gambling my EPF money

This post has been edited by coolguy_0925: May 14 2024, 02:45 PM

when I tried logging in I saw they have some cloudflare queue thing

perhaps that helps on smoothening those who are logged in doing transaction

Don't say RM1m in EPF

How many actually has total net worth of RM1m in Msia?

Statistically majority of the country lifestyle is sustained by debt and housing loan until 65yo

Guess need to count the blessing if someone having RM1m in EPF and that's ~RM5,000 not a lavish lifestyle but if single (or spose have his or her own RM1m) debt free I see no prob for a modest lifestyle

Ya you had already answered it

What you are looking at are only a friction of the population and only a friction of the population is super rich while the rest are either barely earning enough to survive or poor

Nevertheless, EPF is not a tool to get you super rich but to 'HELP' you plan for your retirement

HELP only, no guarantee, ownself need to be responsible also

We look at them like that but they also look at us like we are weird

I used to attend a training for language and when intro I said la I like to plan for my future etc

The trainer was like looking at me like I am a weirdo and said why you want to plan bla bla bla

Another thing is now very easy for young gen to earn, influencer la, live la, tiktok la can get fast money, easy come easy go

And in some places freshies think their money has no value, salary so low but property so expensive might as well I YOLO with my salary go travel and buy iPhone

Biar la.. if they decided to not plan I think no point la I lecture or what waste my time, when retired please take up the consequences, thats all

thats why some even scolding saying this is stupid padahal Akaun 2 aku dah kosong niat aku nak amik dari Akaun 1 kenapa tak bukak Akaun 1

those wanted to save even you gave the option early early to witdraw or reduce cont% also die die want to fill form and contribute 13%

those wanted to spend will hope to take all out and will not stop at akaun 2 ke akaun 3

Now job is not the identity of what one can afford liao

Just now I pumping RON95 to my Saga one pakcik wearing guard uniform came to the next pump in an import car

My previous job operator can afford few kids, nice car and ciggy while some people here said 10k salary not enough to survive

My junior started job with latest model Vios and iPhone while me...

Yup MYR8.8b SAHAJA... AND... that's the amount moved to A3 so withdrawn out from EPF might be lesser since some still park & see

But also because most of the ppl got not much left in A2 thanks to MCO special one-off only no more next time life saving withdrawal?