I checked my balance once before, it checked out when I based it on min monthly balance.

So ...

I supposed if there is no effect towards what we currently have in Accts 1 and 2, no one would mind. What people would mind would be if they've decided to withdraw their funds from any acct. comes a certain time, and EPF suddenly changed the rules and prevented the withdrawal,... This is what makes people mad, because this disrupts their plans,...

My mistake. Asked EPF and reply is, dividend is calculated on daily basis! Bagus.

Thanks for d info as I learn new stuff today

Boosting our retirement savings
http://www.thestar.com.my/news/nation/2016...rement-savings/

Based on the statistics, a member have an average sum of RM43.3k park with EPF-MIS scheme

Get Financial Planner To Invest EPF Money After Retirement
http://www.bernama.com/bernama/v8/newsindex.php?id=1301989



better keep in EPF

This post has been edited by nexona88: Nov 15 2016, 05:10 PM

EPF investment income rises 29% to RM12.32b in third quarter
http://www.thestar.com.my/business/busines...-third-quarter/

Yah - better keep in EPF.

Get a financial planner is not a game for average retirees. Those real qualified planners only work for big fish, because many can't effort to hire them.

What will be getting usually are rookies.

Indeed, damn risk to listen to these rookies, who only allow to sell the unit trusts that their bosses are pushing.

This post has been edited by kpfun: Nov 22 2016, 09:26 AM

With the MYR shrinking, is it still good idea to keep so much of your retiremnet funds in MYR assets?

For cash rich retirees, of cause, keeping a portion at oversea, or buying non RM assets, are always options.

For average retirees, the flexibility is limited.

I started moving money to oversea at the rate of SGD1.96 and USD2.6. But, I stopped, at last transaction, around USD3.1, 2+ years ago.

I'm not sure, at USD4.4, is a right time to move or not. I'm not good in forex.

SGD at 1.96 is a long time ago!

True.
Remembers reading somewhere got report saying those withdraw from EPF to invest in UT got worse return compare with EPF..

What to do? Public Mutual has >50% market share in EPF MIS business; and like I previously illustrated, withdraw in the last 5 years to put in approved funds in Public mutual memang didn't stand a chance to beat EPF

And you all wonder why I dislike PM so much

EPF returns beat PM funds in last 5 years????? WoW!

Shortterm outlook is 4.5, more major banks agree on this.

SOme more bearish ones are putting a cap at 4.8.

This means the short/medium term outlook in the worst case scenario would be an additional 10% drop in our currency against the greenback.

Ofcourse if you want move your funds outside, dont choose USD, try something where Ringgit havent fallen so sharply against. Say the SGD, where RInggit in the last one month (where the fall against USD was sharpest) only fell about 3%.

Well PM really wins in marketing, but Their funds performance all just so so only..

No wonder many falls for it.. Marketing god level..

Here, the information stands at that point in time. The top half are not EPF approved prior to 1 Aug 2016.
After 1 Aug 2016, some non-Malaysia funds are approved by EPF and therefore the situation is different

I think for EPF, we have no choice, must contribute and are not allowed to take out,...

Wow, SGD 1.96 and USD 2.60 - that's like,... wow,... a very long time ago,...if you have been investing those funds outside, actually,... you don't need to move any out anymore into those denominations. Like for myself,... actually,... I have enough to invest from the dividends and the coupons that I earn from my SGD and USD investments. So,... no need to convert into those denoms,... the money made can be plowed in to make more money.

...if you plan to diversify, go INTO ANOTHER currency, another country. That's my thinking,....

Frankly, I noticed that the SGD is also at an all-time high now ! The RM has been defeated left, right and centre.

Yes, but in comparison to the USD, SGD didnt appreciate that much % wise in the last few weeks.