Good point. With reduced capital, got even higher returns!

[quote=c64,Sep 25 2021, 04:17 PM]
Me. I have some in Public Mutual last 8-9 years. Regret it. Should have leave it there. Maybe next year i withdraw from Public Mutual and put it back in EPF.

I am also pumping self contribution to top up max in EPF every year until i am 55 which is not too far away.

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Stopped UT investing for many years now (besides the PRS UT, mainly for tax return benefits). Felt UT was just feeding the UT managers, they get x% regardless of how their UT performed.

But some UTs may be worth looking into especially overseas UTs. Even better, study ETF and see.

My BM is below primary1 level. The trick I use is, open that article in chrome, right click and select translate to English. Walah!

A. My guess is we will know the EPF % by mid Feb. Gut feel is they have already done all the calculations, just waiting for the boss' release date.

B. Will it be cf last year:
1. same
2. 0.3% higher
3. 0.6 % higher
4. 0.9 % higher
5. 0.3% lower
6. 0.6 % lower

Hoping for #4 but #3 may be more realistic even if 2021 has done better.

Your view?

Bear in my cave drinking Tiger beer.

Welcome to this forum!

I was very disappointed and "angry" at EPF some years back (forgot which year now) where the Q1-Q3 revenues were higher than the previous year's Q1-Q4 revenues. and yet the % was only slightly higher than the previous year's %. Yes, I know it cannot be a simple pro rata (different capital in each year, etc. etc). I stated "angry" as I feel some dirty fingers (politics?) in there to keep some of the extra just in case the next year is bad. I dont like that buffering policy.

So, even if 2022 revenues were sangat bagus, feel that the declared % will be smaller than the actual. Nonetheless, enjoy the $$$$$$$$ in the next few days.

Cheerio.

Understand but I prefer to face reality, bad is bad, good is good, rather than average all the time.

Also, the money in my account is my money. So, if they keep some for the following year, how do we know really that they put it back into the system?

If the extra I get without the "shoe polishing" is xyz, that xyz becomes my additional capital and will earn extra interest thereafter.

Yes, different people have different preferences and tolerance.

My gut feel ... waiting till the late minute (end Feb) due to the uncertain USA-Russia Ukraine bubble affecting the global markets, if resolved, announce x%, if it gets worse, announce x-y% as a buffer for next year.

Good to know that I am not the only one. Ha.

One thing I would like to do but have not really spent time on it is to look at past EPF dividend %, revenues, capital etc and see if there are some relationship, trend, weird / outlier %, etc.

As far back as the 1960s. Think the dividend % then was "clean" without the itchy political fingers stirring the pot now.

I can go and dig up the data but if anyone here knows of tables etc available on the web, please let me know. That will reduce my data gathering work by 90%.

I will share my study here.

Thanks.

With the covid, still doing fine? Maybe even better?

Well done on your timing and strategy!

Wah, so much. With a software, I can remove the blanko to see the figures. Wah!

I have my reasons behind the higher EPF 2021 % than the previous year's. Surprised to read from our $$$ minister that if we did not have the RM101 billion EPF covid withdrawals, we would have an additional RM5.4 billion as dividend, raising from 6.1 to 6.7%. Really?

2021 payout is RM50.45 billion. So additional RM5.4 billion (~10% of 50.45) will increase the 6.1 by ~10% to 6.7%? Their back-of-the-envelope calculation?

Need to include the RM101 billion in the capital calculation. My calculation with no withdrawal and with the additional RM 5.4 billion dividend, the % is lower, at 6.0 only.

My analysis may be totally wrong. I am not an accountant. Ha. Appreciate your insight.

P/S Back to my reasons for the higher % in 2021. Due to the withdrawals, a smaller capital base for the dividend calculation (instead of 900+ to 800+ billion) and also they used money which were not doing well for the withdrawals. Thus one stone, 2 birds, Reduce the nonperforming investments, free money floating in the system, and a smaller base for the dividends later.

So you are the Mr Hulk in the gym. No wonder I didnt see you in the gym for many months now.

No concern on the spine with heavy deadlift especially with age? Pros and cons of weight vs repetition?

Sorry, off-topic here.

My 2 cents, no clear answer.

a. When you need some money, hard to withdraw from EPF unless you are above a certain age.
b. A disaster if EPF goes for the tiered dividend scheme, yes, can withdraw then but where to put it? Difficult to put into ASX.
c. Things may change with ASX doing better than EPF like in the early years.
d.
e.

Weigh the pros and cons, then decide. Not just on the higher EPF %.

That is the action of a true master!

I called EPF the other day. Staff said deposit and withdrawal are daily rest. So bagus for us. ASX is monthly rest. Bad for us.

Strange and interesting. My EPF calculation years back (have not updated that one yet) was based on daily rest, my calculated interest was close to the cent with EPF reported dividend. May try my spreadsheet for 2021 and see.

Try your own calculation and see, based on daily rest.