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 EPF DIVIDEND, EPF

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ronnie
post May 28 2024, 11:39 AM

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QUOTE(jasontoh @ May 28 2024, 11:27 AM)
If they want to get iPhone, might as well wait until August, since traditionally iPhone launched in September, and they will get the additional 2-3 months of additional money. Now <3K, cannot get iPhone already  biggrin.gif
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you think those who thinks of this will need to withdraw Account 3 ?
nexona88
post May 28 2024, 11:45 AM

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QUOTE(ronnie @ May 28 2024, 11:39 AM)
you think those who thinks of this will need to withdraw Account 3 ?
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You mean those who withdraw account 3 is brainless people??

Sorry to bust your bubble

There's some who withdraw account 3 $$$ to be invested into high yielding assets which outperform EPF...

Don't want to go into detail... Been discussed many times over the weeks or months πŸ‘Œ
kembayang
post May 28 2024, 01:25 PM

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Last Friday completed fingerprint procedure for ACC3.
How soon should receive the withdrawal to bank account?
ronnie
post May 28 2024, 01:47 PM

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QUOTE(nexona88 @ May 28 2024, 11:45 AM)
You mean those who withdraw account 3 is brainless people??

Sorry to bust your bubble

There's some who withdraw account 3 $$$ to be invested into high yielding assets which outperform EPF...

Don't want to go into detail... Been discussed many times over the weeks or months πŸ‘Œ
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Most have low financial literacy (they have brain which is not been given adequate financial knowledge)
that some is small percentage of the 3.04m applicants... those will already uses an iPhone.

if the High yield involves converting MYR to USD/GBP/EUR, then they are part of the group who makes MYR weaker economically.
ronnie
post May 28 2024, 01:48 PM

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QUOTE(kembayang @ May 28 2024, 01:25 PM)
Last Friday completed fingerprint procedure for ACC3.
How soon should receive the withdrawal to bank account?
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you tell us when you get it.... I'm all in EPF
nexona88
post May 28 2024, 01:55 PM

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QUOTE(kembayang @ May 28 2024, 01:25 PM)
Last Friday completed fingerprint procedure for ACC3.
How soon should receive the withdrawal to bank account?
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Around 5 working days πŸ‘Œ
leanman
post May 28 2024, 02:37 PM

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Damn now nobody talks about self contribution but about the opposite of withdrawing instead biggrin.gif its 28 of the month, best date to invest in order to get full next month's dividend again
SUSfuzzy
post May 28 2024, 02:56 PM

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QUOTE(leanman @ May 28 2024, 02:37 PM)
Damn now nobody talks about self contribution but about the opposite of withdrawing instead biggrin.gif its 28 of the month, best date to invest in order to get full next month's dividend again
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Forgot lol. Just pumped in 10k. sweat.gif
kembayang
post May 28 2024, 03:01 PM

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QUOTE(ronnie @ May 28 2024, 01:48 PM)
you tell us when you get it.... I'm all in EPF
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How much would you like to contribute?
ronnie
post May 28 2024, 03:19 PM

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QUOTE(kembayang @ May 28 2024, 03:01 PM)
How much would you like to contribute?
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for me to know, for you to find out
theevilman1909
post May 28 2024, 04:10 PM

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QUOTE(Wedchar2912 @ May 27 2024, 04:58 PM)
Avg amt is like 3K rm. Almost can get a iPhone 15.

Spur the econ for Malaysia.
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but not everyone is using the money from account 3 to buy luxury stuffs, but instead use it to gain more money with better investments elsewhere brows.gif
Wedchar2912
post May 28 2024, 04:12 PM

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QUOTE(theevilman1909 @ May 28 2024, 04:10 PM)
but not everyone is using the money from account 3 to buy luxury stuffs, but instead use it to gain more money with better investments elsewhere  brows.gif
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haha... true true... I am also one of them.... sending the money overseas as part of my portfolio realignment initiative. biggrin.gif

but in same time, I still have equity position here, so happy that the masses are spurring the economy for our benefit... rclxms.gif
win win... they happy, me happy... we all happy... haha
theevilman1909
post May 28 2024, 04:15 PM

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QUOTE(Wedchar2912 @ May 28 2024, 04:12 PM)
haha... true true... I am also one of them.... sending the money overseas as part of my portfolio realignment initiative.  biggrin.gif

but in same time, I still have equity position here, so happy that the masses are spurring the economy for our benefit...  rclxms.gif
win win... they happy, me happy... we all happy... haha
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smart people diversify their investments...

not all 100% exposure in Malaysia only

not to say EPF sucks big time, it's still one Safe place to keep money...
but please also to invest elsewhere to get better Returns thumbup.gif
MUM
post May 28 2024, 04:38 PM

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Just beware of what you are going to invest with money from epf.
I remembered reading grumbling postings about opportunity cost losses or investment losses suffered with epf monies used for diy investing and some also supported just put into epf.

These threads are just the one of the recent one I remembered readings.
Take out EPF to invest in Public Mutual, EPF Members Investment Scheme- Thoughts?
https://forum.lowyat.net/topic/5424859/+80

Money in EPF vs Unit Trusts
https://forum.lowyat.net/topic/4961947

EPF Investment
https://forum.lowyat.net/topic/5384285
CommodoreAmiga
post May 28 2024, 04:52 PM

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QUOTE(nexona88 @ May 28 2024, 11:45 AM)
You mean those who withdraw account 3 is brainless people??

Sorry to bust your bubble

There's some who withdraw account 3 $$$ to be invested into high yielding assets which outperform EPF...

Don't want to go into detail... Been discussed many times over the weeks or months πŸ‘Œ
*
That is minority lah, like bro RamJade. Majority is all mod motor, gelang emas, iphone gang.

QUOTE(MUM @ May 28 2024, 04:38 PM)
Just beware of what you are going to invest with money from epf.
I remembered reading grumbling postings about opportunity cost losses or investment losses suffered with epf monies used for diy investing and some also supported just put into epf.

These threads are just the one of the recent one I remembered readings.
Take out EPF to invest in Public Mutual, EPF Members Investment Scheme- Thoughts?
https://forum.lowyat.net/topic/5424859/+80

Money in EPF vs Unit Trusts
https://forum.lowyat.net/topic/4961947

EPF Investment
https://forum.lowyat.net/topic/5384285
*
Hopefully, they don't withdraw and dump into latest TriumphFX scam. Apanama CTX?? brows.gif

This post has been edited by CommodoreAmiga: May 28 2024, 04:54 PM
nexona88
post May 28 2024, 05:17 PM

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QUOTE(CommodoreAmiga @ May 28 2024, 04:52 PM)
That is minority lah, like bro RamJade. Majority is all mod motor, gelang emas, iphone gang.
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Maybe....

But 8bil is quite big sum πŸ’ͺ

CommodoreAmiga
post May 28 2024, 05:26 PM

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QUOTE(nexona88 @ May 28 2024, 05:17 PM)
Maybe....

But 8bil is quite big sum πŸ’ͺ
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2.6 million people...only RM3k/person. Taikos here won't be withdrawing only 3k to invest.
nexona88
post May 28 2024, 08:01 PM

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QUOTE(CommodoreAmiga @ May 28 2024, 05:26 PM)
2.6 million people...only RM3k/person. Taikos here won't be withdrawing only 3k to invest.
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That's average

Remember previously got multiple times of EPF withdrawal

So many who withdraw might have wayyy lower amounts πŸ˜‹
magika
post May 28 2024, 09:29 PM

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QUOTE(theevilman1909 @ May 28 2024, 04:15 PM)
smart people diversify their investments...

not all 100% exposure in Malaysia only

not to say EPF sucks big time, it's still one Safe place to keep money...
but please also to invest elsewhere to get better Returns  thumbup.gif
*
How many people you know diversify their investment and become filthy rich vs how many made huge losses from their investment. hmm.gif

QUOTE(MUM @ May 28 2024, 04:38 PM)
Just beware of what you are going to invest with money from epf.
I remembered reading grumbling postings about opportunity cost losses or investment losses suffered with epf monies used for diy investing and some also supported just put into epf.

These threads are just the one of the recent one I remembered readings.
Take out EPF to invest in Public Mutual, EPF Members Investment Scheme- Thoughts?
https://forum.lowyat.net/topic/5424859/+80

Money in EPF vs Unit Trusts
https://forum.lowyat.net/topic/4961947

EPF Investment
https://forum.lowyat.net/topic/5384285
*
That one all not smart. whistling.gif


elm0001
post May 28 2024, 10:04 PM

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just realised i don’t see any contribution amount by month for 2024 on my app. is the app having issue or what?

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