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 EPF DIVIDEND, EPF

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prophetjul
post Apr 13 2015, 02:12 PM

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QUOTE(Kaka23 @ Apr 13 2015, 02:08 PM)
I hope I can have > 1 MIL in EPF when I retire...  cry.gif
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Sure you can. Its easier since the salaries are now higher than when i started work. thumbup.gif
prophetjul
post Apr 14 2015, 09:31 AM

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Did you people realise that there is a withdrawal allowed for accounts having balances in excess of Rm1.05mil?

Just learnt this from kopitiam! smile.gif

but if got more than 1 million rm in epf, the excess can withdraw anytime right?

http://www.kwsp.gov.my/portal/en/web/kwsp/...han-rm1-million
prophetjul
post Apr 14 2015, 02:16 PM

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QUOTE(felixmask @ Apr 14 2015, 11:23 AM)
Yes, your EPF over 1million ?
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Yeah.

i am an olde dog

1 mil is not so much .......

This post has been edited by prophetjul: Apr 14 2015, 02:52 PM
prophetjul
post Apr 14 2015, 05:46 PM

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QUOTE(nexona88 @ Apr 14 2015, 03:50 PM)
EPF disposes of One Sheldon Square, London for £210m
http://www.thestar.com.my/Business/Busines...n-UK/?style=biz
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Thats Rm1bil....nice...more divs! biggrin.gif

Honestly what is Rm1mil ? Not much.....
prophetjul
post Apr 15 2015, 09:48 AM

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QUOTE
Ahmad Burhan Abd Wahab even suggested that the withdrawal age be set at 70 years for men and 75 years for women.


How stoopid is that?

Ahmad may be permanently retired by then! biggrin.gif
prophetjul
post Apr 15 2015, 02:31 PM

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Looks like the EPF is getting too big for its own good.
prophetjul
post May 7 2015, 12:25 PM

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QUOTE(supersound @ May 6 2015, 08:51 PM)
Every politician in this world wants power and money.
Is Singapore really clean? I doubt so.
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ALL relative.

SG is most probably CLEAN-ER
prophetjul
post May 12 2015, 10:36 AM

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QUOTE(puchongite @ May 12 2015, 08:50 AM)
Why took out all your money out from EPF ? Care to share with us ?  rolleyes.gif
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i cleared my Ac 2 three years ago st 50 years old. Plunked it into Singapore REITs giving more than 8 % yields.

Didn't regret
prophetjul
post May 12 2015, 11:24 AM

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QUOTE(AVFAN @ May 12 2015, 10:53 AM)
last 3 yrs, i think average... 8% yield + 2% cap appr + 2% fx gain = 12% p.a. in rm terms?! biggrin.gif
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Something like that.

One REIT gave 11% when i bought! biggrin.gif
prophetjul
post May 12 2015, 11:26 AM

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QUOTE(puchongite @ May 12 2015, 11:17 AM)
From what I understand that REIT is a pretty conservative investment right ?

If a conservative investment could still give 8% yield, it really means our EPF is not giving as good yield as what most people think.
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Yeah. But provided your REIT manager knows how to. But susceptible to rates hike.
prophetjul
post May 12 2015, 11:27 AM

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QUOTE(AVFAN @ May 12 2015, 11:26 AM)
yes, i understand. biggrin.gif
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Basically just trying to squeeze more returns than EPF. Anything above 6% is fine biggrin.gif
prophetjul
post May 12 2015, 11:38 AM

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QUOTE(puchongite @ May 12 2015, 11:30 AM)
Perhaps your gain was partly derived from our currency slips below sing currency more and more ?
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No. Currency gains was at the bak of the strategy. It was yield first and foremost.
prophetjul
post May 12 2015, 12:48 PM

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QUOTE(xuzen @ May 12 2015, 12:17 PM)
One of the greatest key risk of REIT is not volatility... it is Rights Issue Call and SGReits are rather notorious for that due to their nature of distributing 90% of income and leverage not more than 50%....

So prophetjul, how many rights issue have you taken up from holding SGReits?
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NONE thus far as the revaluation of props were able to mitigate this.

OTH i have been accumulating shares in lieu of divs. That helped the returns!
prophetjul
post May 19 2015, 08:35 AM

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QUOTE(BRC @ May 19 2015, 03:21 AM)
how much fees you need to pay when investing?
or you used EPF?

am thinking where to invest my cash other than FD
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No. Not EPF.

The fees, you gotta refer to other threads for brokers' fees.
prophetjul
post May 26 2015, 12:57 PM

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QUOTE(puchongite @ May 25 2015, 04:23 PM)
I don't understand the statistics.

It's says :-
If the amount withdrawn has jumped in %, wouldn't it mean more people are inclined to withdraw (more) money out than keeping it with EPF ? Why the conclusion is this :-
Can someone enlighten me ?  blush.gif
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What is the flexi withdrawal?

Maybe he means they dont withdraw ALL their monies.
prophetjul
post Aug 8 2015, 01:04 PM

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QUOTE(MOBAJOBG @ Aug 8 2015, 12:49 PM)
Based on my rough calculation, you've about RM100K in Account 2 of EPF at an age of 28 year old.
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Too long ago to remember! biggrin.gif
prophetjul
post Aug 28 2015, 03:09 PM

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QUOTE(wil-i-am @ Aug 28 2015, 12:59 PM)
EPF Q2 investment income up nearly 10% to RM11.4b (Update)
http://www.thestar.com.my/Business/Busines...0pct/?style=biz

Can EPF declare 6.75% for 2015?
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Highly doubful
prophetjul
post Oct 21 2015, 08:37 AM

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QUOTE
"In line with the creation of the KWSP-I account, Section 27 will be amended to enable two dividend rates to be announced for EPF contributors," he said

Further under the new amendments, the EPF board may have the power to declare a dividend of not less than 2.5% per annum for members who have not elected for their accounts to be managed according to syariah principles.

The Bill also states that the EPF may have the power to declare a dividend of not less than 2.5% per annum for those whose elections have not taken effect.

"In respect of contributions made by the members of the Fund whose elections for their accounts be managed according to the Syariah under the proposed section 43A have come into effect, the Board shall declare dividend at any rates according to the actual performance of the investment made by the Board in relation to the accounts," reads the Bill.


It's all about Syariah. If you choose not to be under this scheme, then you do not partake in the performance of the Fund. Then their obligation is only 2.5% as far as they are concerned.

Meaning everyone irrespective of race and religion is FORCED to accept Islamic principles.

This is Malaysian fair and equitable principles.

This post has been edited by prophetjul: Oct 21 2015, 08:38 AM
prophetjul
post Oct 21 2015, 08:41 AM

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QUOTE(Ramjade @ Oct 21 2015, 08:40 AM)
I don't think that is true. Both also will be given NO LESS THAN 2.5% (from what I read, I understand that both will be minimum 2.5%). Could be wrong here.
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Here....says it all....read carefully


QUOTE
Further under the new amendments, the EPF board may have the power to declare a dividend of not less than 2.5% per annum for members who have not elected for their accounts to be managed according to syariah principles
.

QUOTE
"In respect of contributions made by the members of the Fund whose elections for their accounts be managed according to the Syariah under the proposed section 43A have come into effect, the Board shall declare dividend at any rates according to the actual performance of the investment made by the Board in relation to the accounts," reads the Bill.


This post has been edited by prophetjul: Oct 21 2015, 08:42 AM
prophetjul
post Oct 21 2015, 10:27 AM

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QUOTE(Ramjade @ Oct 21 2015, 08:59 AM)
Then what is this?
It meant even those who didn't make the change, EPF can give dividend of min 2.5%. So is not restricted to those who switch.
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Not taken effect means its being done.

However the others statement is clear on those who choose not to take up the Syariah fund





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