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 EPF DIVIDEND, EPF

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xcxa23
post Aug 26 2021, 09:52 AM

Look at all my stars!!
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QUOTE(prophetjul @ Aug 26 2021, 07:10 AM)
Interesting:
Seems EPF has done quite well with lower principal after the numerous withdrawals last year.
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Ever since EPF venture overseas, their return are good. On steady uptrend

Remember ex CEO was against withdrawal during covid, which personally wholeheartedly supported this statement, but receive backslash from netizen.

Instead of receiving help from government due to pandamic, Malaysian are "force" to use retirement fund.
xcxa23
post Aug 26 2021, 10:05 AM

Look at all my stars!!
*******
Senior Member
2,649 posts

Joined: Nov 2010
QUOTE(prophetjul @ Aug 26 2021, 09:55 AM)
Yes. The decision to invest overseas was a good one. i think forex helped in the earnings too. With MYR as weak as it is.

Well, a poor 3rd world nation cannot help theiir citizens directly. 

These retirees will have problems in their retirement years.  No thanks to the government.
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Luckily EPF was not heavily influenced by political affairs.

Also thanks to EPF management for slowly increasing overseas exposure

https://www.theedgemarkets.com/article/cove...-pension-burden

Are we really that poor of a nation?
Ah well, not suitable to discuss here..
Just a lillte rant.
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