Your post above piqued my interest and I went back to do some quick calculations mainly because to satisfy my curiosity.

I look up 10 years gold spot price from www.kitco.com.

In Jan 2008, gold spot is USD 850 and ten years later in Jan 2018, the gold spot is USD 1,310

Using a quick financial calculator, the annualised return for gold spot for ten years period is 4.42% p.a.

To compare, in the FSM S'pore UT table, there are 140 Mutual Funds that have annualised return above 4.42% p.a. for the past ten years.

Why I did not use 15 years?

Because FSM S'pore UT data is max'ed out at 10 years historical.

For FSM M'sia , there are 70 UTF that return > 4.42% p.a. for the past ten years.

Xuzen



This post has been edited by xuzen: Jan 25 2018, 11:46 AM

Nanti the Mullah jadi Marah!

KWSP countered the report here

Another attempt at fake news by Sarawak Report.

Xuzen

Calculating backwards,

His average salary is around RM 7,XXX.XX or more.

my assumption:

1) He start work at the age of 23 y/o and never stop

2) His KWSP contribution is stardard rate that is 11% self, 13% boss

So, you see, at 31 y/o he has reached middle management, after 8 years of working which is not unusual.

But I can say to make the jump from Middle management to Top management, that is a even bigger hurdle.

Xuzen

p/s Happy Chap Goh Meh!

Tiap- tiap tahun circa around after CNY until late Feb, without fail, this thread will suddenly come out of hibernation for one and half to two months and be very active. Thereafter, after Feb, this thread will go back to sleep again.

It is like clockwork...very precise one.

Yes, the KWSP has historically never been above ASB's rate. It is a good indicator of future harbinger.

Why use the word Ehsan? Typical feudalistic / lordship/ ketuanan mentality where ehsan denotes the meaning that the recipient must be bersyukur or grateful.

It is the time of the year again where this thread becomes superduper busy.

Here is my prediction:

It will be same or above 2.5%.

KOM-LAN-FIRM!



This post has been edited by xuzen: Jan 28 2021, 04:07 PM

Of course ALL-IN, it not like I can take it out anyway. Not in the near future anyway.

One more week to CNY and still no news yet... guess it will be a bad dividend year like this.

KOM-LAN-FIRM will be above 2.5% dividend.

5.2% who's prediction is correct? Kasi lu satu like!