Bro are you kidding there ??

surprised nobody in here question your FD 20% rates.
Nobody in here with FD in 1990s??
The highest i remember was 13+% from finance

Go tell FD was at 20% rates in FD thread see what you get...

dont go quote from those nonfinance non bank ahlong type cooperation and said is FD rate la.

I have been in FDs past 30 years, started way back in early 90s
No such thing as FD rate 20%, what more 8 months FD!


from my many years of FDs, i would say the highest rate is usually only for the longest tenure
Bank wants to make money, how to give short term FD the highest rate?
short term FD , many people can afford ,many can take advantage of it, bank will rugi

I have citibank FD 6 month at 4.8%, cant quote that as proof.

There is no such thing as 10 year FD. Even 5 years FD which gave me very good rate, i asked for additional 6 months added to original 5 years was not possible, what more you wanna add many years to the original tenure..

Bonds yes you can have very long term. but if 20% coupon rate watch out, junk bonds

Not possible to ask for 100 years FD yes.

But it is wrong to say we cant lock in long term FD rates as FD rates would change according to OPR movements!

Do you even have FD in 1996 to tell people here got FD 20% rates? 8 months FD some more?!

Tell me which of your FDs the bank changed your rate following OPR movement

I placed BR FD 61 months at 4.85% in 2018, then OPR kept going down and down all the way, FD rates dropped to 2+%,
BR didnt reduce my 4.85% also.

you deserved to get all the shellings, a hidden agenda to push for tier dividends?..

If EPF doesnt want more money from the so called "rich: then disallow them the voluntary additional contribution RM60k a year,

why let people put in more and blame them?
or worse punish by paying less dividend to them..

This is interesting.. i am waiting to see what answers are forthcoming for those working way into retirement age,
of course we are talking about those who have already accumulated "enough" to last a life time yet continue to work..


May be you can tell us what is the reason you choose by 45 or so?

i guess that is the age you expect you would have accumulated "enough" for yourself
and loved ones?

As i have expected, once you think you have accumulated enough you want to retire early... nothing wrong....your choice your rights..

As they say you only live once, YOLO, enjoy while you can rather than regret later..

As expected most people who hate working felt too stressed out in work once they have gathered enough will consider retiring to enjoy life.
Those who enjoy working would normally continue .

Say now you had sudden good luck like HolyCooler , able to generate the same RM15k/month passively at much earlier say 38 -40 years old,
would you retire earlier?

Retire early needs to have much more money in savings than those who retire late
who had settled familial and community 'responsibilty

Imagine if many were to have similar thinking of
"oh i have earned enough, i dont want to work any more....at 35, 40, 45... i want to enjoy my life with my accumulated wealth ",
i think the effect on the society and nation would be negative....at individual levels that is their rights
even though a little selfish

I can think of many examples of workers whose expertice would be sorely missed
if all have a mindset of "i have gathered enough i want to stop".

And rushing to gather that amount working hard day and night in a rat race risk burning out
than a slow and steady walk enjoying the journey along the way.

i like the idea my work is my hobby..


what do you mean by that? we discuss in private first then only post?

do you think u entered a wrong company ?
Get a more suitable job
then you need not be pressured to get to the finishing line fastest possible
till no sleep...

that is a whopping 30 over years retirement time!

refused to admit taking out EPF money which pays higher dividend to pay a loan charging a lower rate is a negative move?

you tried to tell us the value of the house sure higher value than EPF contribution
what logic are you using there?

People are talking about leave money in EPF to earn higher returns,
continue pay loan installment charged at lower rates ,

It is about better to use money from the bank or from EPF
what has it got to do with the value of the house itself or EPF contribution amount?

Say house RM1 million, and he took same RM1 million from EPF,
now what?
twist and turn you win. but logics no.

you are getting deeper into quicksand bro
repent and go back to solid grounds!

Are you implying:

"if you use EPF money to pay up house loan, value of that house will appreciate more"

just continue with house loan, the value would not appreciate the same?

ridiculous argument.

Admit the first mistake is better than creating more mistakes to cover up the first.

Share with you guys low end properties bought as recent as 2019, oldest in that list also 2012.
returns are definitely better than EPF


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wait till you read his even more outrageous reply next...
i knew him from his previous nick before he was permanently banned.

yeah just to show properties can win over EPF also.

nothing is guaranteed in investment
but if you can lay hand on below market price properties
with almost assured tenancy in that location
and known rental rate
it is not difficult to decide then..

edit:
incomplete without the picture of costs involved.....

This post has been edited by guy3288: Dec 28 2022, 02:37 PM


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Dont get me wrong, i am not telling you guys go withdraw money buy properties.
i only wanna show you cant say EPF returns must beat properties return ,that is all...since you seemed to challenge prophet when he said property got him higher return....

Actually iam heavy in cash, never WD my EPF at all.
Buying those properties my job is pay money only.
But i find returns from those properties beat all my other investments...

I am getting curious.

can you elaborate more on the free floating of EPF money,
i dont quite understand free floating EPF.
how is it going to be good for depositors?

Higher free floating stocks equal less volatility
EPF is not a stock also.

That way depositors may get higher return yes,
But may also get negative .

Can use analogous of a wealth manager
A.Free float EPF
Is like depositors give money to manager to invest,
Manager go invest, end of year take his expenses fee, balance distribute to depositors, profit or loss is on depositors

B. Guaranteed return EPF

This manager charged fees only if there is profit end of year, no profit he gets 0. He better make sure his investment is good and there is profit for depositors so himself as well .

Good year earn more he takes more. Bad year he takes out to pay depositors also.

Which one is better for depositors?

not many can take losses especially those wage earners, you cant blame them if they revolt.

A can work only if return can be positive year after year, fluctuation in returns is ok.

But free floating that way would also give them the excuse to declare negative returns one day
and money being siphoned out....... not a good idea.

I have own job no time for that, 600km away some more, just say me lucky lah, my brother did everything for me from beginning to end. documents also all signed on behalf, forgot those Grants how he got them.
it all started with him running out of money having bought some units, asking loan from me , i told him buy some for me la,one after another ..now all in autocruise mode. That area tenants come to you. no need to find.

i wont defend that twist and turn guy

But you would be surprised

memang ada lobang where you can buy and sell at more than double the price
even after 2013
probably now also.

only thing is you must know where to find the hole.

This post has been edited by guy3288: Dec 29 2022, 10:41 PM


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interesting how from the spreadsheet you guess it is East or northen malaysia......properties there cheaper?
but no, it is in Johore, properties are not cheap there.

Yes ,all. more queries bring to prop thread


i have done mine, you may be abit late now.
property's not my forte also.


you didnt get the whole picture
it started with one regretted taking all EPF money pay house loan
it was pointed out that a wrong move.

Then came tongue twister who said no, it was ok properties will appreciate more use EPF money
which was shot down repeatedly

someone shot the above, properties return better than EPF

another came said No, that was because you bought in 1996,
after 2013 if you buy no way can be so good....

i shared my data to show buy later also can be as good.

it is better that we see the whole big picture before we quickly press the button.
abstain if we are unsure what is contention there.

This post has been edited by guy3288: Dec 30 2022, 01:41 PM

No you are wrong, my sharing of that spreadsht is only to show non believers who

1) cant agree with prophetjul's post prop earning CAN BE much better than EPF
2) said buy properties after 1996 -2013 cant make money, cant beat EPF

My spreadsheet is real life proof buy late from 2012 to 2019 still can make good profit

Please dont think it was meant to tell you guys go withdraw EPF money buy properties.

As for your worries about props so difficult to handle
for me it was easy, my brother does all the work. but that is beside the main point

yeah i agree. Doing the same thing doesn't mean we all must get same results.

Had i put that money in EPF it would have been a big mistake on my part. 1 million would only become 2 million.



No one is arguing with you silly.
You decide for your self

No one is telling you to buy properties also.

What is wrong with you?

If one's property's return is better than EPF and he stated so as a matter of fact,
like this
which part of you is being pinched?

EPF is passive,
forced saving, not even an investment per se,

losing out to active investment is normal,
what makes you squirming like that?

why must you all insist properties return CANNOT beat EPF?

The moment someone showed his 10% properties return and said it is much better than EPF
you must jump and tried to whitewash it?


That is why i showed the spreadsheet to say ,yes believe that, Prop CAN beat EPF
doesnt mean to blanket say Prop Is a better investment for all as you alleged.
you want to pretend stupid dont know the difference, what can i do?