Hopefully at 4%

u40 and crying for help. really deep shit this malaysia.

for those who say they are not poor, they have money in epf but not now.

EPF is not the solution for poverty.

Even wage low there are better alternatives like increasing employer contributions to 20% of wages instead then only the employers will feel the pain 🤦‍♀️

Agreed which is why EPF should have bought an allocation at least 5% in their portfolio 🤦‍♀️
Because at 40 commitments are high with housing and car loans 🤦‍♀️

This is loan is supposed to inject cash flow for people to spend in the economy and bailout banks for loans default’s especially housing loan 🤦‍♀️

U no children?

i cant tell if anwar and unity govt is doing the right thing from a retirement fund pov, but i know even if they concede to a so called last 10k withdrawal, it would never be the final one. the flow of events after the first withdrawal already prove this.

and i think with collateral, its a decent business for the banks that involved.

Just call MBSB Bank, they told me Variable Rate, 4.5%

If banks offer 4 % and EPF average 5%for next 10 years, worth it to borrow 50k and straight put into EPF?

I think this one is quite clear, you can terminate early. MBSB says there is a rebate for early settlement.

https://www.fsa2mbsbbank.com/ > the web is online already ..

kwsp kelayakan check as well : https://fsa2.kwsp.gov.my/

some info provided:

5.5% and higher if no global recession happens possible but low

Wait for next month Q1 results then you can start projecting but it will be downside for these 2 quarters at least

Seriously...

U guys want to gamble with taking up the loans & dump the $$$ into EPF??.

From my noobie knowledge....
Seriously not really worth.... Very minimal only...

True, Unker not finding fault with forumers. Just be careful, don't go deeper in debts n blow retirement funds.

Unker big mouth, told Auntie  n relatives I can easily beat kwsp returns. She intended to park FD.

Now private bet with Auntie, oledi 2 weeks....so clever, where to invest.

Remember, Unker must beat kwsp....so even Asnb, FD means lose bet.

To put in OCBC dividend 5.35%  with banks financial crisis...Sgp is very susceptible. So is MYR banks these few weeks, months..don't you think a financial crisis approaching?

So now, bite bullet n pray GFC hit faster...bad karma...just to save my waterface.

Unker betting 5% principal on Coinbase. Badly beaten stock.  Maybe, I convince buy a good car is better than kwsp dividend.

Instead of buying public bank better off buying the holding company of PBB which is LPI 🤦‍♀️

Btw both companies haven’t even regain their value since pre pandemic

The better off would be buying MBB, TNB and Telekom confirm better off than EPF dividends

Not directly under Teh family private company @ trust???

20% of the total shares if not mistaken....

Some interesting facts

Next biggest is EPF 😁

If Teh family fighting... Or split... And some sell to EPF...
Then EPF become single  largest shareholders of Public Bank 💪

yeah...
that the entities name in the shareholder official listings 

whatever...

matter of time before it's get split into smaller pieces.... one cannot hold more than 10%....
Old man Teh is special case... because before the banking act came into effects... same with HLB & Ambank big boss @ owners...

and the next one who benefits is EPF & KWAP (Gomen Pension Fund) 
because this 2 is the next biggest @ top in PB group 

I have been invested in Maybank for many years now. Their dividend return is really good + gains from stock price.