I don't invest in gold as I do not believe it is really a good investment commodity. Bet there will be many coming back to me saying otherwise. Ha.

Below is the gold price graph. Yes, if invested in gold in 2001 till 2012, one would have made a very high return!




This post has been edited by plumberly: Jan 26 2018, 02:39 PM

Yes, that is what I fear, some political fingers in there manipulating the % for their "just" cause! If that one is doing well, they will announce it doing VERY well and thus the higher %!

Even then, if that happens, I will still not regret in staying the with old EPF ac.

Time to make guesses on when they will announce the EPF dividend rate.

My guesses are:
* 5-9 Feb IF the rate is good/high
* 12-23 Feb if the rate is low

Tell you early if the news is good but delay it if the news is bad. Ha.

My "good" is >6.5%.

"Very good" is >7%.

"Vote BN" is >50% .

If I remember correctly, EPF is using daily balance rather than minimum monthly balance. Best is to ask EPF.

EPF Contributors May Enjoy Dividend Rate Up to 7.5% in February 2018, says CEO of EPF

https://thecoverage.my/news/epf-contributor...8-says-ceo-epf/

Looks like it will be announced next week since it is good news. Ha.

This post has been edited by plumberly: Feb 2 2018, 09:01 PM

Out of interest, if we indeed get 7.5% for either the old or new EPF funds, would you go for BeeeeeNnnnnnnnnnnn in GE14 especially you have not voted for them before?

Just wondering how this will impact the Msians in general.

I, for one, will not be influenced by this on who to vote for. These are 2 different issues (EPF n vote).

Now my gut fear is the new one will be higher than the old one. That will really push many over the fence to the oppos side.

I wonder whether they need to consult and get the final blessing from Ah Jib on the x% as either good or bad numbers will cause some discussions.

Hope my wife is right, with GE14 just round the corner, she feels the % will be the same for the old and new EPF funds as not to upset many voters. Ha.

MTUC: Najib to announce 2017 EPF dividend rate

http://www.freemalaysiatoday.com/category/...-dividend-rate/

Well, well, draw your own conclusion.

This guy wants to take credit for every good thing.

I assume the reported figures are the combined figures for the old and new funds. Will be very interesting if they split the figures into 2 groups.

Anyone with such infor?

My 2 cents as below ...



** interest is not compounded monthly. Compounded only yearly.
** I assume you deposit on the first day of the month. Interest is on daily basis.

Jan 31/365*6%*1000
Feb 28/365*6%*2000

etc

EPF CEO stated 6.5 - 7.5% for 2017.

I know that is a range and he is not saying it will be 7.5%

But it is giving members the 7.5% impression. Furthermore, now it will be announced by Ah Jib, to some people like me, it will be a very high number, thus 7.5%! Ha.

I thought they have been in this political public image game long enough to handle this properly. Maybe they have very short memory on things like this?

Just hope for 7.5%. Now even 7.4% will be disappointing for me.

Putrajaya to announce highest EPF dividend in 21 years
Read more at https://www.malaysiakini.com/news/411750#jW7wUQhGHYBBh89D.99

Say between 6.8 and 7%.

DISAPPOINTING lah!!!!!

Maybe trimmed down now because of the DJI dips this week? Save some for a better day ahead?

This post has been edited by plumberly: Feb 10 2018, 10:11 AM

I guess your contributions were not always on the 1st day of every month.

Say your contribution was entered on 10 Jan, then you don't get the dividend for 1, 2 --9 Jan.

How much is the difference, between what you calculated and what is stated in EPF?

Better state in % rather the actual amount as some smart guys here can back calculate how much you have in EPF. Ha.

(EPF dividend-your dividend)/your EPF total

If less than 1 %, my guess the problem is the day issue.

I don't think the problem is with EPF, they use the same program for all members here.

Good luck.

P/S If you like, give me your data and I can check for you. 101% private and confidential! Ha.

Wah, now the secret is out. You must have a BIG BIG amount in EPF for them to send notification. I have never received any notification, guess I am just an ikan bilis. Ha.

In that case, mine is still in decimal place. Ha.

That question came to my mind yesterday as well.

It is not just the new fund getting a lower % but also what the CEO said, 6.5 to 7.5%. Now it is even lower than 6.5% That 6.5-7.5% came from the CEO! Surely he knew the inside numbers in the top management circle.

May be , just may be, there was a last few days change due to the dips in DJI, to save some for a better tomorrow. Supposed to be 7 & 7.5%?

Ah Jib was supposed to announce the good news but later it was not him, due to the revised numbers?

The above seem to point to that, yes, I can jump to conclusion making 1+1=11. Ha.

Wonder how the non muslim who switched to the new fund are reacting to this 6.4%. I don't mean to add salt to injury, just curious.

P/S Say you are the CEO, would you announce the 6.5-7.5% rate while knowing one of them is 6.4%?

This post has been edited by plumberly: Feb 11 2018, 02:33 PM

A friend asked about the EPF dividend calculation. I did a simple spreadsheet for him. For those interested, see below.

No fancy layout, just a simple spreadsheet to get the job done.

Cross check with my own EPF dividend, the calculated no is slightly higher than EPF's. But only 0.009% higher. So good enough for me.

 epf_dividend_cal.7z ( 28.87k ) Number of downloads: 14


This post has been edited by plumberly: Mar 3 2018, 03:28 PM