No. That's not correct.
This is for FULL withdrawal. If you fully withdraw in the FY, you do not get any dividend. If you withdraw the following FY, you will still get the previous year dividend.

Yes. In this case, you will get 2021 dividend. Point is if you withdraw mid year 2021, you don't get anything at all.  By right, you should still get something? 
Yes

So you are implying that for the 2022 dividend portion, the paid rate is at the 2021 rate?

Already said income 33% more than last year, so last year ...5.35% x........ 😁..

Withdrawal on 31 Dec or before will not be entitle for dividend on that same calender year. - So if I put in 100k on 1st Jan and I withdraw this 100k on 31st October, I will not get dividends at all for this 100k?

Not moving out country is ok...But money can move out. Keep a good amount overseas to hedge against toilet paper RM...you won't know what happen one day at least a significant amount of your networth is still safe. Many eggs in Many baskets. Warren buffet says one, not i say.

cannot agree more.
malaysia is a great place to retire and get decent bang for spending bucks. So why move out?
Capital kept here unfortunately is not optimum at all... and no need to even get into the G part of the ESG of firms and gov of malaysia. So naturally one should deploy one's capital outside. Its a matter of what's the proportional to keep outside: definitely not 100%... so 50% would be a decent portion.

(financial planners usually say if one is able to do so, one's expected expenditure cashflow should not have any currency risk... hence still need to keep a large chunk in ringgit. But they forgot to warn us that this is only if the currency is inherently stable... ie say Türkiye lira, I am sure I will keep 100% of my wealth in USD. haha )

Imagine you have 5 million and they transfer 1.5 million into account 3! 🥶

Payout for conventional is 50.33bil while syariah is 7.48bil, which is only ard 15%. They allocate conventional dividend to syariah so that they dont have to payout so much dividend for conventional..

Payout for conventional is 50.33bil while syariah is 7.48bil, which is only ard 15%. They allocate conventional dividend to syariah so that they dont have to payout so much dividend for conventional..

If there is whistle blower evidence...else you masuk jail for spreading false news...

HIStory says bull market lasts longer than bear market. Add an assured long term depreciation of MYR, definitely better to invest overseas.

Yes, as stated above. Why people don't want to buy Maybanks and other blue chips?
1. Risk Aversion - people who understand but not willing to take risks.
2. Ignorance - they are not willing to learn how to invest. I have relatives like that. I encouraged them to learn, especially the young ones. All lazy as fark. Don't cry 20 years down the road.

Yes, if my calculation is correct last year maybank was 5.xx%. But got gain capital growth, not calculated yet.

True also...old gen most don't know how to online...today i was at the Pos Office to send Poslaju...saw an unker like maybe 65 and above. In his hands are TNB bills....they don't even know that you can pay online or maybe don't know how to use? But saw him playing with the phone flick here and there...dunno lah. EPF needs to educate the public more how to withdraw online.

Love the discussion on alternative investments. I myself am one of the risk-averse savers.

However, i disagree with the statement that says those who put most of their money in epf, asb, asm etc are not diversifying their investment. All these investment vehicles are already diversified in how they manage their funds. Just because u put your money in epf, asb, asm, doesnt mean you didnt diversify, u just let their fund managers do the diversification for you.

Is there more ways to diversify, yes. Is there more and better ways to diversify in almost zero risk investment other than epf, asb, asm? Maybe no. At least not to my knowledge.

Best thing is, once i put my money in any of the above, I practically dont have to do anything myself anymore, and focus my time for my current work, to increase my income earnings. Being a frugal guy, i still believe most of my nests comes from significant savings from my hard earn incomes.

Anyway, as long as you have set your financial target, and your current investment strategy will allow you to reach that target, then you are on the right track. I know many here swears that gold is the way, or sgd, or usd, or bitcoin etc is the best way, but nobody can predict the future. And anything u earn, other than dividen direct deposited to your account, is profit on paper, until you sell it. That alone requires quite an effort to decide when to buy, when to sell, rebalancing porfolio etc.

If you do have a significant amount of wealth though, maybe hiring someone to manage your finance may not be a bad idea. Still not for me though, nest still puny hehe

yes, who cares if it's boring, what's important is the return to the shareholders.
but ya, i make 100% from capital gains + dividends received over the past 3 years.

Would it be easier to self contribute from the KWSP app via FPX ?

I rather that they get paid for life 6 figure Vs one lump.

Unless you damn suay die early. If you die old, investment> life insurance.