They do sell some in order to do make the payment.

For example,  let's imagine 5 years ago when both is pondering what to invest:

Conventional will invest in tech, in banks, in tobacco (for example), so because they have more options they can opt for lower risk items as part of overall portfolio.

Syariah might have to focus more on tech in a higher % as they more limited, so last year they can deliver higher returns even though both were looking at a longer term view.

But in a bad year, conventional will prevail given the diversity over Syariah. That's one of the reasons why they don't have to simply go gang busters into tech.

That's why many said will be interesting to see what happens now given Syariah is fully separated from Conventional.

Would be Very happy if indeed EPF give out 8% dividends 🥳💰💵

But I doubtful 🤔🧐

Thanks to all those so called analyst.... Giving out unreasonable range of EPF dividend rates.... Up the expectations to wayyy higher than reality....

Like happen earlier of the year....
All saying 6+++

But in the end..... Big disappointment

Just general discussion. So work hard make sure 600k in epf to get 2.5k a mth.

If want more then contribute more.

😁 600k is very easy if you don't withdraw from epf. Someone calculated before 1 mil is easy to hit too.

Calculation says normal worker easily hit 1mil.

Dont do withdrawal ya

if that is the case, contribute more when he is young, when less commitment, extra 1-2% makes a huge difference.

Weird

How some says can hit earlier with 1mil...

Like this, need to either jump more to get better salary & contribute more during early working days...

And with inflation rate in future...
That 1mil might look & feel like 100k 😔

The biggest problem in Malaysia is EPF withdrawal for housing....

Almost everyone I know that have EPF, did some withdrawal for house....

One of the reasons why all head to foreign countries for jobs...

And some people think why there's brain drain....

Housing market in Malaysia, without EPF $$$... I think sure cannot survive one...  Like you said... Low wages... 20years ago starting salary is almost the same now....

the world system is made to churn our normal people with normal salary and a normal life cycle (study, get a job, own a house, have a family, retire, die).

if you want to be extra-ordinary, then you need to step out of the box.

the public welfare systems work exactly this way
ppl gotta believe in it and live life this way
they are 'normal' people

from the average offerings targeted at normal ppl, some will want higher end, better service and merchandise
then, comes premium offerings

side topic: next door neighbor can afford our premium offerings, come here become medicine tourism... gg

so 62.2% is invested locally....

go swap the ratio, PMX!

Be grateful that the percentage didn't reach 70% yet...

https://sme.asia/micci-raises-concerns-over...oreign-workers/

Never ending issues with this mandatory EPF contribution for foreign workers in Malaysia....

Yup precisely what I am thinking too.

Luckily this year i only self contributed rm25k. I was thinking top up to rm100k by year end.

Now realizing epf can change the rules any time, i’m not going to do any more self contribution from now onwards.

Not really la bro. They don't need our self contribution that much.

Those that have RM1mil, probably will continue to have Employer / Employee monthly contribution anyway going in.

Plus, the total self contibution is likely around RM1.2bil or so, while their AUM is at RM1,222.34 billion. It's like loose change.

They didn't get feedback from the Top 0.5% before implementation. The Top 0.5% are very financially savvy.
Unfortunately, they're treated like little children who doesn't know what to do with their wealth.
But again, with the pen in their hands, they don't really have to care about your point of view

bingo. set a big net to 1.3 mil bar, trapping t20.

but allow some small holes to let b40 withdraw money to buy iphone and go holiday

Current situation maybe not suitable using Singapore model

But moving forward.... Later years on...

The possibilities is higher... Especially when less people contribute to EPF....

But got backlash from cheapskate employers 😁

Yes. Account 3 is to pleased certain people.... Who keep demanding withdrawals... After the failures of EPF FSA2 facilities (loans by MBSB & BSN)...

Need to see Q4 performance...

But looking at accumulated 3 Q results... Seems positive 🙏