Excess will be use to invest into performing unit trust. Hence making my EPF money work harder than it can.

I will move money into account 3 every 10k like what I have been doing all this while (moving my salary overseas once every 10k)

This post has been edited by Ramjade: Jun 29 2024, 08:25 PM

Er, so far surprising lots of good fund can match or even exceed EPR returns. There are around 10 or more that can match EPF returns.

Bro different basket using bitcoin. Lol. But I do have a friend who withdraw out EPF money and put all into bitcoin. But like I said mine money is mine money. Your money is your money. I don't agree with him but let him do what he thinks is best for his money.

When you use EPF money, try to be as close to risk free as possible.
At least that is my way of investing.

This post has been edited by Ramjade: Jun 29 2024, 08:50 PM

The 100k is voluntary. That part I can control. Also I can control to invest the excess into unit trust. So do what you can with the money you can control. For those that cannot control, can't do anything about it.

Well I am just saying putting money into EPF means you will be losing future purchasing power. There is no doubt about that. If ok with it then ok lo. I am not.

This post has been edited by Ramjade: Jun 29 2024, 09:33 PM

You need to think what you want. EPF give flat rate 5%. Which means you are losing future purchasing power with time due to inflation.

If you can find something like visa/MasterCard/Costco that increase their payout yearly by say 15%p a even though yielding around 0.5% p.a post tax, you are not losing money as the 15% increase in payout more than make up for it in the long run.

You can stimulate it yourself on excel. I have done it before. You can also check out the video on YouTube.
Slow dividend grower Vs fast dividend grower. The slow one will win initially. If you have a long time, the fast one will win. Imagine your money paid out to you double every 4-5 year.

0.5-> 1% -> 2% -> 4% -> 8% ->16%
This is what I am aiming for in the long run.

It's not hindsight. It is still valid today. They are still so many companies doing the above. That is why now all my investment I rotated to the above. All will automatically increase payment to me by min 15%p.a

No more high yield for me. Low yield high dividend growth rate is the way I am going forward.

Even company like Salesforce and Google which started paying me dividends will grow their dividends at that rate in the future.

Bro I got so many in my list. Can't even buy all. Google and Salesforce was unexpected.

All of them share one thing in common. Not cheap!!!

This post has been edited by Ramjade: Sep 2 2024, 02:19 PM

For me, I will keep for next generation.

You cannot compare like that. Why? Majority of FD in Singapore before 2020 was giving like 1%p.a in interest. Want to compare, compare with CPF or if you want closer comparison, compare EPF with Singapore banks. Of course people say can't compare stocks with EPF.

Someone showed before that the RM depreciate by 2-3%p.a Vs the SGD for the past 30 years.

This post has been edited by Ramjade: Sep 21 2024, 09:25 AM

Likely.

I tell you how. Transfer RM into SGD. Buy SG bank shares. They have never cut dividend and only cut in 2020 not because they cannot pay but MAS ask them to cut. They have historically given 4-6%p.a

If you want a really like guaranteed then go with DBS. It's their national bank and it's backed by temasek. Think of it like our Maybank.

So if you compare with EPF with DBS bank you are getting paid more or less 5%p.a + auto increment of 5%p.a (being conservative here) + 1.5-2.5% in capital appreciation (if you really want to count forex loss)

That is what I did. I transfer our EPF money and park my 100k meant for EPF into Singapore banks. I don't bother with their FD or their Tbill.

Instead of putting RM100k into EPF, I use the 100k to buy and hold Singapore bank shares.

This post has been edited by Ramjade: Sep 21 2024, 01:30 PM

Yes. Avoid using EPF for house withdrawal.

Save money for downpayment. Not that hard to be honest.

Depends on commitment and how much savings you have. Both my parents didn't even use EPF money to buy house. They saved the DP themselves.

I meet some retired engineer, he told me don't touch EPF money. Dump money into EPF if you got extra and if you don't know how to invest. Avoid buying anything from banks. These are his words. Not mine.

This post has been edited by Ramjade: Nov 11 2024, 05:01 PM

Need to top-up EPF cause maybe RM100k top-up too slow.

My friend withdraw and put all I to bitcoin. Lol. Now he's laughing to the bank.

He use luno. Luno got account for Malaysian.

Yes because the ringgit is a weak currency. If ringgit is strong you won't have this issue.