To share , self contributed money that was deposited into own account from M2U and PBEOnline 2 days ago is already in. Waiting for the remainder that was deposited yesterday.
EPF DIVIDEND, EPF
EPF DIVIDEND, EPF
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Feb 23 2017, 08:09 AM
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Senior Member
1,729 posts Joined: May 2011 |
To share , self contributed money that was deposited into own account from M2U and PBEOnline 2 days ago is already in. Waiting for the remainder that was deposited yesterday.
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Feb 23 2017, 08:47 AM
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All Stars
11,570 posts Joined: Oct 2010 |
QUOTE(plumberly @ Feb 22 2017, 09:03 PM) My gut feel is something is not right with the low 5.7% despite the record 2016 revenue. See below. Swept/hidden under RM8.2 billion impairment? BIASA........EPF lendings, bailouts and write offs.Pakatan Harapan leaders today urged the Employees Provident Fund (EPF) to dispose its investments in 1MDB as soon as possible. In a joint statement signed by Parti Amanah Negara’s Dzulkefly Ahmad, PKR’s Wong Chen and DAP’s Teresa Kok, the opposition coalition claimed that the decrease in EPF’s 2016 dividend rate was due to EPF’s investment amounting to RM1.72 billion in 1MDB. Apart from the EPF, Pakatan Harapan also urged government institutions such as Tabung Haji and Retirement Fund Inc (KWAP) to dispose their investments in state investment fund. The EPF, they said, was facing financial problems which would in turn affect EPF depositors. “EPF’s investment of RM1.72 billion is a huge amount, more so since the funds are from the people’s savings,” they said. Read more: https://www.malaysiakini.com/news/373422#ixzz4ZQ0TF2Ab Afterall, as the CEO said...........ONLY 1.2% of NAV. |
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Feb 23 2017, 09:34 AM
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Senior Member
8,547 posts Joined: Sep 2005 From: lolyat |
QUOTE(plumberly @ Feb 22 2017, 09:03 PM) My gut feel is something is not right with the low 5.7% despite the record 2016 revenue. See below. Swept/hidden under RM8.2 billion impairment? all those 1.72bil is bond and it didn't write off. The 8.2bil impairment mainly on equitiesPakatan Harapan leaders today urged the Employees Provident Fund (EPF) to dispose its investments in 1MDB as soon as possible. In a joint statement signed by Parti Amanah Negara’s Dzulkefly Ahmad, PKR’s Wong Chen and DAP’s Teresa Kok, the opposition coalition claimed that the decrease in EPF’s 2016 dividend rate was due to EPF’s investment amounting to RM1.72 billion in 1MDB. Apart from the EPF, Pakatan Harapan also urged government institutions such as Tabung Haji and Retirement Fund Inc (KWAP) to dispose their investments in state investment fund. The EPF, they said, was facing financial problems which would in turn affect EPF depositors. “EPF’s investment of RM1.72 billion is a huge amount, more so since the funds are from the people’s savings,” they said. Read more: https://www.malaysiakini.com/news/373422#ixzz4ZQ0TF2Ab |
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Feb 23 2017, 10:25 AM
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Senior Member
1,961 posts Joined: Nov 2011 |
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Feb 23 2017, 11:10 AM
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Senior Member
1,729 posts Joined: May 2011 |
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Feb 23 2017, 12:03 PM
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Senior Member
1,961 posts Joined: Nov 2011 |
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Feb 23 2017, 01:04 PM
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Senior Member
919 posts Joined: May 2005 |
QUOTE(Ramjade @ Feb 20 2017, 12:40 PM) I think Singapore CPF for the employer contributions is capped at $4K salary only. Therefore you don't expect that you have a lot if your monthly paycheck more than 10k.but Singapore personal tax is much lower than Malaysia. |
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Feb 23 2017, 01:21 PM
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Senior Member
1,729 posts Joined: May 2011 |
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Feb 25 2017, 09:28 AM
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Senior Member
5,143 posts Joined: Jan 2015 |
some interesting numbers to ponder about this weekend....
How the EPF stacks up against other funds Read more at http://www.thestar.com.my/business/busines...8YcXpck8Ekly.99 expecting lower dividend in the coming years?? |
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Feb 25 2017, 09:44 AM
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All Stars
22,200 posts Joined: Feb 2011 |
QUOTE(T231H @ Feb 25 2017, 09:28 AM) some interesting numbers to ponder about this weekend.... Sounda like damage control.How the EPF stacks up against other funds Read more at http://www.thestar.com.my/business/busines...8YcXpck8Ekly.99 expecting lower dividend in the coming years?? |
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Feb 25 2017, 11:37 AM
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All Stars
41,840 posts Joined: Sep 2014 From: REality |
QUOTE(T231H @ Feb 25 2017, 09:28 AM) some interesting numbers to ponder about this weekend.... Hmm more like tells people not to hope for higher dividend How the EPF stacks up against other funds Read more at http://www.thestar.com.my/business/busines...8YcXpck8Ekly.99 expecting lower dividend in the coming years?? |
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Feb 25 2017, 01:08 PM
Show posts by this member only | IPv6 | Post
#2392
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Senior Member
9,904 posts Joined: Aug 2007 |
Somewhere between 5% to 6% on average over lifetime.. cukup-lah!
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Feb 26 2017, 06:12 PM
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Senior Member
1,377 posts Joined: Aug 2009 |
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Feb 26 2017, 07:26 PM
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Senior Member
8,950 posts Joined: Aug 2010 |
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Feb 26 2017, 08:15 PM
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All Stars
41,840 posts Joined: Sep 2014 From: REality |
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Feb 26 2017, 10:28 PM
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Validating
1,525 posts Joined: Oct 2012 |
QUOTE(jorgsacul @ Feb 26 2017, 06:12 PM) Always like to compare Singapore. See CPF, FD rate, after retirement no much $$ left in cpf. Thanks to world expensive country.smart Singaporean don't buy property there..Buy here with big landed deal. Compare with Singapore CPF 2.5% dividend , employee deduction monthly 20%, employer contribute 17%. Total = SGD 37% . Msia employee deduction 8 or 11% in RM, yet getting better percentage ROI. How?? Why?? This post has been edited by netmask8: Feb 27 2017, 08:53 AM |
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Feb 27 2017, 06:22 AM
Show posts by this member only | IPv6 | Post
#2397
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Senior Member
9,904 posts Joined: Aug 2007 |
QUOTE(jorgsacul @ Feb 26 2017, 06:12 PM) Sure.. only if Msia "overseas" investment is substantial enough to earn a lot moreand the ringgit devalues further against the foreign currencies, then surely it will translate into higher earnings when converted back into Ringgit. But, then again. It can go both ways. If Ringgit appreciates again, earnings from abroad will be lesser.. thus, don't be mad if dividends will go lower. Here's the thing a lot of people don't realised. There is a MANDATORY requirement, at minimum, dividends at 2% is GUARANTEED. This is regardless of EPF making money or not. EPF could potentially run into problem (with negative revenue) if there is a severe world wide recession that runs multiple years. So far, EPF is very lucky, none of them has happened. |
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Feb 27 2017, 08:46 AM
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All Stars
11,570 posts Joined: Oct 2010 |
QUOTE(danmooncake @ Feb 27 2017, 06:22 AM) Sure.. only if Msia "overseas" investment is substantial enough to earn a lot more Sounds like a DEPRESSION.... and the ringgit devalues further against the foreign currencies, then surely it will translate into higher earnings when converted back into Ringgit. But, then again. It can go both ways. If Ringgit appreciates again, earnings from abroad will be lesser.. thus, don't be mad if dividends will go lower. Here's the thing a lot of people don't realised. There is a MANDATORY requirement, at minimum, dividends at 2% is GUARANTEED. This is regardless of EPF making money or not. EPF could potentially run into problem (with negative revenue) if there is a severe world wide recession that runs multiple years. So far, EPF is very lucky, none of them has happened. |
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Feb 27 2017, 11:36 AM
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All Stars
20,796 posts Joined: Jul 2012 |
QUOTE(danmooncake @ Feb 27 2017, 06:22 AM) Sure.. only if Msia "overseas" investment is substantial enough to earn a lot more Given rm historical record, it is on downtrend for the last 30 years and likely to continue for another 30 years unless there is a change of gomen and policy.and the ringgit devalues further against the foreign currencies, then surely it will translate into higher earnings when converted back into Ringgit. But, then again. It can go both ways. If Ringgit appreciates again, earnings from abroad will be lesser.. thus, don't be mad if dividends will go lower. Here's the thing a lot of people don't realised. There is a MANDATORY requirement, at minimum, dividends at 2% is GUARANTEED. This is regardless of EPF making money or not. EPF could potentially run into problem (with negative revenue) if there is a severe world wide recession that runs multiple years. So far, EPF is very lucky, none of them has happened. In the event of world wide recession, which is unlikely in the foreseeable future, there are better instrument than rm for wealth preservation. |
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Mar 13 2017, 06:22 PM
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Senior Member
3,072 posts Joined: Nov 2016 |
http://www.theedgemarkets.com/my/article/n...?type=Corporate
Najib: Using EPF savings withdrawal to pay off debts would defeat EPF’s retirement purpose “The purpose of EPF is to allocate sufficient savings for its members after retirement. The proposal to allow members to take out their savings to repay credit card debts or loan sharks, goes against its objective as a social security organisation to provide retirement savings,” he said |
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