QUOTE(nexona88 @ Feb 9 2015, 12:31 PM)
Thanks champ.That makes more sense.
Appreciate your help.
EPF DIVIDEND, EPF
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 Feb 9 2015, 12:35 PM
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Junior Member
247 posts Joined: Jan 2012  
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That makes more sense. Appreciate your help. |
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Feb 9 2015, 01:23 PM
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All Stars
18,406 posts Joined: Oct 2010
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If govt gone bankcrupt which is unlikely, court will lelong govt's assets to repay us, or govt can reclaim land(current price rm38m/acre & Johor & Singapore with be separated by a stream) and payback creditors with land.
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Feb 9 2015, 03:44 PM
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All Stars
12,268 posts Joined: Oct 2010
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QUOTE(dreamer101 @ Feb 9 2015, 11:56 AM) prophetjul, Again, you are writing AS IF EPF is paying for ALL the debt increase. There are many other local debt holders apart from EPF<<The way your are writing is as if the country has NO other source of income.>> 1) DEBT is increasing because EXPENSE is greater than INCOME... Since THE GOVERNMENT's debt is growing, we can agree that the EXPENSE is greater than INCOME every year <<The more important is the cash flow to manage these debts. >> 2) So, the QUESTION is the CASH FLOW into EPF big enough cover THE DEBT increase?? A) Is the EPF contribution rate increasing?? B) Is the EPF withdrawal age changing?? EPF is the accumulated savings of many years of many Malaysians. It is THE LARGEST POOL of money in Malaysia. But, it is at the same size as THE GOVERNMENT's debt. And, THE DEBT is still increasing at 40 to 50 billions per year. So, it is OBVIOUS that THE GOVERNMENT need to borrow from THE FOREIGNER to cover THE DEBT pretty soon. If it had not happened yet. Dreamer  |
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Feb 9 2015, 03:46 PM
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All Stars
12,268 posts Joined: Oct 2010
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QUOTE(MGM @ Feb 9 2015, 01:23 PM) If govt gone bankcrupt which is unlikely, court will lelong govt's assets to repay us, or govt can reclaim land(current price rm38m/acre & Johor & Singapore with be separated by a stream) and payback creditors with land. Gomen will never go bankrupt.Country can. |
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Feb 9 2015, 04:49 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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No gov nor country can bankrupt one.
In personal or company, creditor may sue the borrower to seize their asset, but on gov front, you cannot foreclose a gov nor a country. Worst to worst, Gov or country may default the sovereign bond, and lose the credit rating worthwhile. That's all. |
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Feb 9 2015, 04:52 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(MGM @ Feb 9 2015, 01:23 PM) If govt gone bankcrupt which is unlikely, court will lelong govt's assets to repay us, or govt can reclaim land(current price rm38m/acre & Johor & Singapore with be separated by a stream) and payback creditors with land. This statement is more a sarcasm... |
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Feb 9 2015, 04:56 PM
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All Stars
48,433 posts Joined: Sep 2014 From: REality
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EPF is looking to increase its overseas exposure, which currently makes up 23% of its total investment assets to 26% within the next three years time.
As at 31 December 2014, the EPF’s total investment assets stood at RM636.53 billion, up 7.91% from RM589.87 billion in 2013. The overseas exposure, which makes up 23% of the Fund’s total investment assets, is part of the diversification programme to generate consistent returns in the long-term. |
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Feb 9 2015, 05:22 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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With more exposure and diversifying of asset into stock market and other investment instead of relying on gov bond, and with KLCI reached all time high, as well as many overseas share market, it is nature for EPF able to declare higher dividend rate.
Generally for 2014, investment were/are performing well across across the world. KLCI reached new high, DJ at all time high, so does European bourses. |
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Feb 9 2015, 05:30 PM
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Senior Member
10,001 posts Joined: May 2013
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EPF hasn't been approached to take up shares in 1MDB's power asset IPO
http://www.theedgemarkets.com/my/article/e...power-asset-ipo |
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Feb 9 2015, 05:43 PM
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All Stars
48,433 posts Joined: Sep 2014 From: REality
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Does anyone have the list of which companies (foreign market) EPF invested in?
One I know of is Alibaba Group Holding Limited  |
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Feb 9 2015, 06:00 PM
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Senior Member
1,210 posts Joined: Jun 2005 From: penang
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is it advisable to switch my current FD saving (3.45%) to EPF instead? I mean im getting nearly double the interest rate -.-
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Feb 9 2015, 06:03 PM
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All Stars
48,433 posts Joined: Sep 2014 From: REality
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QUOTE(ahbenchai @ Feb 9 2015, 06:00 PM) is it advisable to switch my current FD saving (3.45%) to EPF instead? I mean im getting nearly double the interest rate -.- if u don't need the money like until 55yo, then u may consider the switch |
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Feb 9 2015, 06:07 PM
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Senior Member
1,210 posts Joined: Jun 2005 From: penang
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QUOTE(nexona88 @ Feb 9 2015, 06:03 PM) if u don't need the money like until 55yo, then u may consider the switch if that's the case, can I let me parent invest instead? no need to wait until 55 den |
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Feb 9 2015, 06:12 PM
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All Stars
48,433 posts Joined: Sep 2014 From: REality
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QUOTE(ahbenchai @ Feb 9 2015, 06:07 PM) if that's the case, can I let me parent invest instead? no need to wait until 55 den under parents name & EPF account? yes. but make sure the nominee aka benefactor is under your name |
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Feb 9 2015, 06:17 PM
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Senior Member
5,143 posts Joined: Jan 2015
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QUOTE(nexona88 @ Feb 9 2015, 06:12 PM) under parents name & EPF account? yes. if "touchwood"...both (contributor & nominee) knock out together....but make sure the nominee aka benefactor is under your name normal will also can not claim the monies? |
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Feb 9 2015, 06:23 PM
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All Stars
48,433 posts Joined: Sep 2014 From: REality
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QUOTE(T231H @ Feb 9 2015, 06:17 PM) if "touchwood"...both (contributor & nominee) knock out together.... I think so normal will also can not claim the monies?  but maybe got some "loophole" to avoid the money go into unclaim department |
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Feb 9 2015, 06:42 PM
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Senior Member
1,210 posts Joined: Jun 2005 From: penang
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QUOTE(T231H @ Feb 9 2015, 06:17 PM) if "touchwood"...both (contributor & nominee) knock out together.... Wa lau eh....normal will also can not claim the monies? But if normal bank fd also cant claim rite if both vanish |
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Feb 9 2015, 06:55 PM
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Senior Member
1,052 posts Joined: Nov 2005 From: Malaysia
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Compare FD 3.45% vs Flexi Account 4.5% - Better in Flexi Account
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Feb 9 2015, 06:58 PM
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Junior Member
94 posts Joined: Aug 2009
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QUOTE(nexona88 @ Feb 9 2015, 05:43 PM) Does anyone have the list of which companies (foreign market) EPF invested in? 1 of it is affin hwangOne I know of is Alibaba Group Holding Limited |
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Feb 9 2015, 07:42 PM
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Senior Member
5,143 posts Joined: Jan 2015
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QUOTE(ahbenchai @ Feb 9 2015, 06:42 PM) Wa lau eh.... normal bank...normal will cannot claim?But if normal bank fd also cant claim rite if both vanish |
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