I doubt Global Titans will be back in the list anyway

Recently Global Titans pivot to changing cutting 50% off SnP and diversifying into Europe, XLE and Topix which makes me wanna sell as it has been performing badly after doing my own simulation?

Wait till mid March for the recommended list and do share your thoughts on which is good for us to diversify as always  👏

If you are into REITs look for German REITs those paying solid dividends at the moment now.

In fact I been looking buying some euro REITs particularly those in housing

Anyone proposing tiered dividends should be stripped and gantung till they REPENT.

Why? You tongkat seeker?

Most of us are kulis.
So work harder. Stop being a Tongkat seeker. Then may be you will rise up.

Who cares what you have? The EPF is a retirement fund. Do you think this is a socialist fund?
Who is abusing EPF? Since the government allows additional 60k per year?
Who are you tell faithful contributors in the last few decades, that their contributions should be paid less.
And the hypocrisy of this is that you are actively investing in a capitalist system! 
Calling for a socialist payout!

SG does not use tiered rates for dividends. You are diverting away from the subject.

So there is no abuse at EPF as you insinuated.

Your salary should be capped in a socialist system.

You should tell that to the capitalist system that you are actively investing in.
That they are abusing the capital markets with their billions.
Hypocritical.

No wonder you are miserable dude. Hope you like the socialist cap.
What abuse?  These people have been saving for decades in the EPF.  Just because their amounts are bigger than yours?

Does the government make any money from EPF, e.g. from tax, profits?

Yippeeeee! CNY money fight, I wanna join.

So in all seriousness, we have a forumer in FIRE thread claiming enuf if $15/month; same forumer wanting to invest in foreign stocks n pursue higher dividend; same forumer claiming MYR potential worse devaluation; also at same time proponent for tiered dividends in kwsp?

Need to be consistent lah....same what all investment, you want max dividend at shortest period.

Maybe, friend merely trolling, get Unker blood pumping...naughty boy!

Everyone wants eat my cake. Especially the damn B40!
Good for your socialist cap. Enjoy it!

You are speaking out of your ears. You wanted tiered as a B40.

i was referring to your socialist salary cap.

The latest articled shared by someone mentioned 6.67 million employees have less than 10K.

You don't need to set the limit to be as high as 1mil, just setting it 20k or even as high as 100k will do, 6-10million or more people will be benefited.

Ok, let's say 100k will be enough to help lots of people, and your EPF amount is more than 100k which you will get lesser dividen % while those below 100k will get a far higher %, are you still Ok to have this tiered dividen? I ask this question cos i suspect you are "OK" with it due to you are not affected now. While you will be affected immediately, i wanna know if you will still say OK? Honestly.

How is it abusing the system when EPF forces me to keep on putting more and more money into EPF when I was working? I never asked to have my salary deducted into EPF? I didn't even want my salary to be deducted...

I think asking for a group to subsidize another group... now that is abusing the system... and we already have so many such schemes to subsidize so many things already.

why not try run a simple excel calculation so that you understand how compounding works. 3K salary will have EPF amount reach 1 million by retirement. this assumes zero increment at all for the salary.
if salary is 8K, reach 1 million within 22 years of that salary.

lets not think 1 million is not achievable by most people... and that I mean anyone earning 3K and above starting today per month (ie fresh grad).

sure.... and that is also why I told you the gov can try what you suggested, and may as well drop the limit to 200K or even 100K since you suggested EPF should not be abused. why the special 1 million limit? EPF is only a part of retirement savings, and hence 200K is enough. EPF is not here to solve all your problems rite?

lets see how fast all the money disappear from EPF and see how successful the tiering system will be.

is EPF here to solve everyone's problem?

btw, apparently 6.6 million could not even get to 10K rm.... tiering will solve that? oh no... 1 extra % div will solve all the poor people's problem. haha

So it is obvious that you are Ok with it since it won't affect you much.

You looks like a good guy who keep wanting to help those poorer people (by taking from those richer, but remember that, the richer already paying higher tax, and high chance they work much more harder and bearing much higher pressure than those not as rich, which meant they deserved to be rich since they pay the extra efforts).

I am wondering, when you are reaching you target which you could have around RM 15K per month from interest / dividen, would you be kind enough to take out 2.5% yearly from 1mil of your saving (just 1 mil, no need more), aka 25k (1mil x 2.5%) to help the poor by donating to charity organisation? It is similar to what you want those Epfers who have 1 mil to contribute their dividen % to help the poor.

That is still a personal choice/decision as it is your money and you have every right to do what you want with your funds. most of us do give to charities and it is our decision.

but forcing the tiering into EPF is literally robbing Peter to pay Paul when both Peter and Paul contributed their fair share of funds into EPF. The choice been taken away from the member, whether he likes it or not, and that itself is not cool/ok.
Furthermore, Peter may feel slighted as to why he is subsidizing Paul, who has only 10K rm, just because the system thinks aum of 10K rm means need help. Paul, being 22 years old, just started working 2 months ago and that is why he has 10K rm there. Is that fair?

that's why previously (a while ago), I always said that EPF is not here to solve many of the social issues, because EPF is not the right platform. In fact, EPF is not able to solve these problems. These issues needed to be resolved elsewhere. ie: extra 2% pa on 10K rm for a person who is 65 years old and really had nothing else. So what? 200rm is not going to save him.... (I am not saying we should not save him, but how does 200rm help? )

Go blame the banks. It is not the government who is forcing the banks to do so. Also, need to ask why are banks doing it?... that is the bank's call... unless you are saying that capitalism is wrong and we should now even change the banking system to be a lot closer to socialism?

In fact, based on your example, EPF should give those above 1 million special bonus. There must be a reason why banks are doing it rite?

(I understand where you are coming from, but this is not a karma argument.... EPF is not here to balance out karma just cos the HNWI gets extra benefit from banks)

Zafrul tried to implement this? Tax on foreign derived income coming back to Msia?
Guess the rich cronies stopped him in his tracks. 

Yeah. That one Yes. "Do you have a foreign bank account?"

But not yet investments. i don't think. In any case, most of us invest through local brokers. So.
Of course, there are some who has foreign brokers.