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 EPF DIVIDEND, EPF

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puchongite
post May 25 2015, 03:54 PM

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QUOTE(nexona88 @ May 25 2015, 03:49 PM)
Seremban not the next "hot" place to be? MVV? hmm.gif
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What's MVV ? blush.gif
puchongite
post May 25 2015, 04:23 PM

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QUOTE(nexona88 @ May 25 2015, 04:07 PM)
More EPF members opt for flexible age 55 withdrawal in 1Q

http://www.theedgemarkets.com/my/article/m...5-withdrawal-1q
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I don't understand the statistics.

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The Employees Provident Fund (EPF) saw the amount withdrawn under its Flexible Age 55 Withdrawal facility jump 42.55% to RM2.68 billion in the first quarter of this year (1Q15) from RM1.88 billion a year ago.
If the amount withdrawn has jumped in %, wouldn't it mean more people are inclined to withdraw (more) money out than keeping it with EPF ?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 ? blush.gif
puchongite
post May 26 2015, 01:58 PM

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QUOTE(T231H @ May 26 2015, 01:07 PM)
hmm.gif the amount means monies....
maybe less people withdrawn, but those "few" withdrawn more monies compared to previous.
(therefore " the amount withdrawn has jumped in %")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.
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I think I found their "logic" already. They have the flexi withdrawal, and the non-flexi withdrawal ( lump sum withdrawal) . If the flexi withdrawal amount has increased, then they concluded that the lump sum withdrawal has reduced.

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 They must sum the amount withdrawn at age 55 ( flexi withdrawal + lump sum withdrawal ) together, and make a before and after comparison ( 1Q14 vs 1Q15), to be able to arrive at such conclusion.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
puchongite
post May 26 2015, 09:02 PM

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QUOTE(nexona88 @ May 26 2015, 08:37 PM)
EPF CEO said No Risk, Now Deputy Finance Minister said ‘slightly risky’..

which one correct shakehead.gif  doh.gif
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Both lied through their teeth. Very risky is the answer. Nazir said 1mdb triggered NATIONAL CRISIS.

This post has been edited by puchongite: May 26 2015, 09:08 PM
puchongite
post Apr 13 2016, 04:37 PM

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QUOTE(titanic_crash @ Apr 13 2016, 04:31 PM)
can check in, can't check out..

maybe you can wait for their first dividend announcement in 2018 (fye 2017)
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Once 'cut', it's forever, cannot sew back. sweat.gif

On what technical basis the EPF-i will perform better ?
puchongite
post Feb 2 2017, 09:19 AM

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QUOTE(prophetjul @ Feb 2 2017, 08:54 AM)
i am qualified to withdraw everything sen in 3 months' time.

WHAT am i going to do with my millions from EPF?    brows.gif  brows.gif
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Please don't, you might bring down the entire EPF !

On the serious note, what are you going to do with the money ? Property purchase, stock market and unit trust ?
puchongite
post Feb 2 2017, 09:27 AM

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QUOTE(prophetjul @ Feb 2 2017, 09:22 AM)
HONESTLY i don't know! 

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.  smile.gif
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The thing is anything you venture into will have to produce roughly > 6% return. Are you going to follow this rule ?
puchongite
post Feb 16 2017, 04:20 PM

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QUOTE(theevilman1909 @ Feb 16 2017, 04:16 PM)
your source?
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Zhou gong told him.
puchongite
post Feb 17 2017, 09:34 AM

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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. bye.gif

This post has been edited by puchongite: Feb 17 2017, 09:39 AM
puchongite
post Feb 17 2017, 09:40 AM

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QUOTE(plumberly @ Feb 17 2017, 09:38 AM)
Very well done!
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Which means when I can't beat it, I keep quiet. LOL.
puchongite
post Feb 20 2017, 10:05 AM

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QUOTE(plumberly @ Feb 20 2017, 09:57 AM)
5.7% = disappointing * disappointing * disappointing

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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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.
puchongite
post Feb 20 2017, 11:39 AM

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QUOTE(plumberly @ Feb 20 2017, 11:25 AM)
Excellent!

Mind taking me as a hardworking student? Ha.

In shares, ETF, bonds, commodities, RE, etc etc?
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I also want to learn.

How much capital is needed ? Measurable risk ?

This post has been edited by puchongite: Feb 20 2017, 11:44 AM

 

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