agree with you sir, the contradictory statements made are a big slap at their own face.

No doubt the wage system in the country is somewhat flawed and also rightly pointed out by shamino_00 that it may be some personal/group agenda of some conspiracy theory to keep this group of ppl “low”, so that they can easily manipulate and control them for some obvious reasons.

But I would also like to make a point that it is a fiduciary duty of oneself to ensure himself or herself securing enough safety nets for his/her golden age. I simply mean, we can’t really too, blame others for ourselves not being able to save enough isn’t it?

Everyone have the same 24 hours in a day, how you wanna use this 24 hours is really a personal choice. So kudos to those who made it or going to make it (I believe many of us here (if not all), are definitely not in the group of the reporting news).

probably one of the leechers reported you eh

but again, government will really need to study enough before raising the bar to min of 500k and withdrawals allowed for amount exceeding 2mil.

what do you think of the % of EPF contributors can achieve such threshold?

Can we voluntarily ask our employer to deduct more of our monthly salary to go into EPF? e.g. say, 30% instead of statutory 12%?

Then on top of that, we voluntarily put in another 60k.

the invisible hands of the politicians on EPF is seriously disrupting the livelihood and the retirement of the people

cannot really compare replies from /k vs this thread. the quality is just different.

I enjoy reading the debates, the constructive posts here vs posts in /k.

he meant this is useless lorr....

Bersangka baik, he is actually chat gpt, invaded into the forum and start answering to every single thing. 🤦‍♀️🤦‍♀️🤦‍♀️

Reading at the comments on YouTube live makes my heart shattered. So many just don't understand how important it is to safeguard their retirement.

YouTube comments are asking him not to waste time, just announce the dividend rate and allow voluntary withdrawal

Pity them in years to come

At least most peeps here are financial literate

Have faith

Really sad

eh what happen?

refresh

surely. below 100% and above 2.5%

ya, please remove all the taxes and duties from car sales, this way, i don't mind paying international price of what the world is paying for the petrol.

don't forget also, we (unless cash buy) are financing these, we are also paying interest for these car taxes and duties. absurb!

Imagine if let's say you pay 40k or 50k of duties, the amount of unsubsidized petrol you can buy from the money.

Thanks for sharing.

should not be 100%, if 100% then what about interests? they also need to collect back their interest, no?

how can you guarantee this?

Plus assuming if dividend rate higher than interest rate. what if the default happens early in the year, and they bank gotta wait until the beginning of the following year to recover its interest owing? bank so lenient?

This post has been edited by tehoice: Mar 10 2023, 10:16 AM

most likely a negative carry.

envy...... njhl, xmjdh~!