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 EPF DIVIDEND, EPF

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Avangelice
post Apr 30 2024, 11:16 AM

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QUOTE(nexona88 @ Apr 30 2024, 11:03 AM)
Savings account is like our safety net...

Something to fall back if anything bad happen to other assets class investment....

And EPF kinda fall into this safety net category

That all...
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My safety net is my credit card. Shit happens that is charged until I can divest my assets in t+(?) days. I will never put money in savings accounts or FD.
Avangelice
post Apr 30 2024, 11:17 AM

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QUOTE(Cubalagi @ Apr 30 2024, 11:01 AM)
Dont get me wrong..I am pro diversifying away from EPF. I dont self contribute except for the tax and prefer to invest elsewhere. Equities, gold, bonds, usd MMF.

But important to be aware of the risks  Higher risk for higher return and all that.
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Guess you will be withdrawing your acct in may like me?
Avangelice
post Apr 30 2024, 01:47 PM

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QUOTE(MGM @ Apr 30 2024, 12:45 PM)
Without CASA how do u pay your cc bills?
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I'm talking about keeping money in casa for a long duration bro. Some old folks still do it.
Avangelice
post May 12 2024, 12:23 PM

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Since this is finance section, just know transferring that 10% opens up a liquid savings account with the dividend of above 5%. What's not to like? Don't talk about withdrawing.

Just focus on this step. Funding a highly liquid account with a div better than fixed deposit.
Avangelice
post May 13 2024, 01:21 PM

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QUOTE(nexona88 @ May 13 2024, 11:32 AM)
https://www.thestar.com.my/metro/metro-news...g-epf-account-3

Weird...
Some not keen on withdrawing their account 3 $$$....
🤔🧐
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Where you dumping ur withdrawal bro?
Avangelice
post May 13 2024, 01:28 PM

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QUOTE(nexona88 @ May 13 2024, 01:26 PM)
Still thinking the best place 😁

Few days time would make good decisions
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Decisions decisions.

I'm thinking either to shift to usd and invest in us etf

Or option 2 buy ocbc bank stock.

Regardless it's better than keeping it in myr

 

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