QUOTE(nexona88 @ May 25 2015, 03:49 PM)
What's MVV ? EPF DIVIDEND, EPF
EPF DIVIDEND, EPF
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May 25 2015, 03:54 PM
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#21
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May 25 2015, 04:23 PM
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#22
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QUOTE(nexona88 @ May 25 2015, 04:07 PM) More EPF members opt for flexible age 55 withdrawal in 1Q I don't understand the statistics.http://www.theedgemarkets.com/my/article/m...5-withdrawal-1q It's says :- QUOTE The Employees Provident Fund (EPF) saw the amount withdrawn under its Flexible Age 55 Withdrawal facility jump 42.55% to RM2.68 billion in the first quarter of this year (1Q15) from RM1.88 billion a year ago. If the amount withdrawn has jumped in %, wouldn't it mean more people are inclined to withdraw (more) money out than keeping it with EPF ?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 :-QUOTE “The increasing number of applications for flexible withdrawals reflects more members at age 55 opting to stretch their savings longer with the EPF,” said its chief executive offer Datuk Shahril Ridza Ridzuan. Can someone enlighten me ? |
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May 26 2015, 01:58 PM
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#23
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QUOTE(T231H @ May 26 2015, 01:07 PM) maybe less people withdrawn, but those "few" withdrawn more monies compared to previous. (therefore " the amount withdrawn has jumped in %") More people are withholding withdrawal. Realistically speaking this is not absolutely equivalent. They must sum the amount withdrawn at age 55 ( flexi withdrawal + lump sum withdrawal ) together, and make a before and after comparison ( 1Q14 vs 1Q15), to be able to arrive at such conclusion. They have a logic failure. This post has been edited by puchongite: May 26 2015, 01:58 PM |
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May 26 2015, 09:02 PM
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Apr 13 2016, 04:37 PM
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#25
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Feb 2 2017, 09:19 AM
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#26
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QUOTE(prophetjul @ Feb 2 2017, 08:54 AM) i am qualified to withdraw everything sen in 3 months' time. Please don't, you might bring down the entire EPF ! WHAT am i going to do with my millions from EPF? On the serious note, what are you going to do with the money ? Property purchase, stock market and unit trust ? |
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Feb 2 2017, 09:27 AM
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#27
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QUOTE(prophetjul @ Feb 2 2017, 09:22 AM) HONESTLY i don't know! The thing is anything you venture into will have to produce roughly > 6% return. Are you going to follow this rule ?i have properties, stocks but NO unit trust. i don't TRUST them. At this age, i guess i will be investing in more dividend producing equities and maybe some bonds. Need more ideas. |
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Feb 16 2017, 04:20 PM
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#28
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Feb 17 2017, 09:34 AM
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#29
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Anything less than 6.4% I will withdraw my money out for investments.
My unit trust half a year already beat it. This post has been edited by puchongite: Feb 17 2017, 09:39 AM |
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Feb 17 2017, 09:40 AM
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#30
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Feb 20 2017, 10:05 AM
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#31
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QUOTE(plumberly @ Feb 20 2017, 09:57 AM) 5.7% = disappointing * disappointing * disappointing There is nothing you can do about it. If you are not able to withdraw everything out soon, this carryover will eventually benefit the members.Why? If EPF really did not perform well in 2016, then fair game/%. But ... 2016 revenue is the highest so far. Yes, the fund size now is bigger etc etc and thus the div % is not linearly proportional to revenue but even then, it should not be that low. Something is not 100% right to me. Did a quick std deviation. 5.7% is sitting at -2 SD! So even maths says 5.7 is at the extreme end. I think I read from somewhere that EPF is carrying over a few billions to this year (will try to find that article). If that is the case, then for me 5.7% = disappointing * disappointing, i.e. not so disappointing though I prefer no carryover. [attachmentid=8503242] P/S If anyone here knows where the carryover article is, please share here. Thanks. |
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Feb 20 2017, 11:39 AM
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#32
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