you are just being humble... although i agree that 5 million is a fictitious number for many, just not sure if its applicable to you ...

eitherway, after Nov last year (failure of KPI as set by myself) together with March's EPF rational, I expedited my portfolio balancing... and just threw a chunk out...
Slowing down this week, but may restart again next quarter (either from EPF or from my bursa equities)... now I am sad cos my Epf balance is no longer sizable but still gives enough dividend to cater to my minimum survival spending budget. lol.

moved to SGD and USD.... and basically bought DBS and OCBC, US T-bills and some small holdings in the likes to tesla and baba.

malaysia how to buy SGD stocks?

T20s occupy 82.4% of the total savings in EPF.

B40s, despite being the largest population, only occupy 1% of the fund.

On average, T20s have 163 times more savings compared to B40s, and 10x more versus M40s.

Now, given the option to withdraw from Account 3:

• The rich will use it to make more money.
• The less fortunate will use it for necessities.
• The poor will use it to go for holiday.

Malaysia’s wealth gap is already wide enough, and this will make things worse

https://twitter.com/thefuturizts/status/178...CT25Kp87VVkgxzA

This is really gonna be scary if they cant hold above 5. 

We're in a 3 body problem then with EPF :

- Not enough money to retire
- lower dividend returns
- Inflation and currency devaluation

Finally a black and white answer about self contribution, for those who want to treat EPF like saving account, too bad. https://soyacincau.com/2024/04/30/epf-accou...ribution-ratio/

Bcoz u r >55 😆

Malaysian policy always like to keep things "being guesswork" by Rakyat.

That's the problem

Bro,  Happy belated Y2024.

IMHO, you holding way too much MYR$. Should diversify the excess $1.5-2.0 Mil.

Pls share once u decided on investment strategy. I'll be lurking in the shadows.

Lastly, here's wishing the respected Senior Kakis continued  Vibrant Health n Razor Sharp Mind.

My guess is this Account 3 is created to appease B40,  at the same time it does not cause much resent to the rest, a balancing act.  Dividend probably will be the same across all the accounts for a foreseeable future at the expense of lower overall dividend payout.

Sis, is the KWSP contribution rate higher than CPF’s?

We contribute 17% and the company tops up 20% but the contribution is capped at a max salary of SGD8,000 (from Jan 2026). It’s at $6,800 right now, up from $6,000 previously

Yeah, it isn’t much… hence, I certainly won’t and don’t rely on the CPF to fund my retirement.

Prophetjul’s RM5m in EPF is a dream for you while your SGD 3 mil bond is a dream for him 🤭 And I'm just here reading to flexing story. But it's an inspiration to me 🙏🏻.

Overall, I still think - currency strength with lower return > retirement fund return with higher return

And with children overseas, grown up and working right now, you did very well 🙏🏻

To keep company costs down, I suspect. It’s always been so low. When I first started, it was capped at $5,000!

I think their CPF concept is to fund citizen's own retirement , by taking into account future inflation and medical needs.

It's not meant as an instrument for rich to become richer, for that they need to explore non government guaranteed financial investments outside.

Indeed. Help me understand one thing. Your number is a huge number. Did you self contribute when you were young or all depended on the normal contribution as an employee?

The compounding interest in EPF is a real magic

RM5 million not enough for oneself? you are resistant to inflation with 5 million bro.

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