misunderstood communication....
I thought I could sent more to FSM....

btw, when was the last time you did the transaction of RM60k as mentioned medium to EPF (KWSP)?...


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it is sort of a supermarket for unit trusts and insurance online DIY transaction platform...
more as per below link

all good...
misunderstood communication....no harm done...
all good.....all clear now.

counter closed at 3pm....
go makan tea break....finished maybe 3.30pm?...
then go to the press conference hall.....wait for the boss speeches end, etc etc....by 4pm?

thks for the updates...

will be sticking my butts on the chair in from of my PC for the next 30 minutes....

keep the results coming...

from here? got mention the exact figures?


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if 5.45%...then it is true till now...historically it never did beat ASB

thanks for the insight and expectations what may come.....

and this from the mouth of Chief EPF Officer himself......

“As anticipated, we saw substantially more volatility in 2019 as compared to 2018,” said Chief EPF Officer Alizakri Alias said the statement this afternoon.

Alizakri expects that 2020 to be “just as or even more challenging than 2019, with the full impact of the COVID-19 virus likely to drag down already soft global growth”.

“The US-China trade war still sees no signs of ending, among other risks to economic recovery.

https://www.theedgemarkets.com/article/epf-...019-lowest-2008

While most of the postings by UT investors that we heard in lyn investment forums mentioned 2018 was a BAD year, and 2019 was the year when most recovered their 2018 losses...
if he said 2019 was challenging, and expects that 2020 to be “just as or even more challenging than 2019..."
2019 we got 5.45%....2020 will be ???

time to stop my EPF top up....Income UT funds of OPUS or Nomura here i go .......

so you are one of the key decision makers of the rate too ah?

MTUC says EPF dividend rate fair in view of economic challenges
https://www.thestar.com.my/news/nation/2020...omic-challenges

then come this....
"‘Better than nothing’ sentiment over EPF dividends "
https://www.thestar.com.my/news/nation/2020...idends#cxrecs_s

financial literacy level of Malaysians?
I wish I could be the same mindset level like them....just made my current life more stress free......but my later life stressful especially near and at retirement when the realization of the magic & marvel of compounding effects of just 1% over the long run.

you end up paying less income tax
the money you saved in the EPF thru yr employer are tax free,
if you do your own self contribution...you money are taxed before you do the self contribution...

This post has been edited by yklooi: Mar 2 2020, 08:08 PM

here this just now at the coffeeshop...next table people arguing....
EPF dividend announce on Feb 22 and a/c reflected on 22 Feb 2020 also. (assuming a/c balance after 22 Feb 2020 is RM100 000.)
assuming there is no NEW fund added into the a/c for the whole 2020 year...For Next year dividend will this RM100 000 get full dividend? or the dividend received on 22 Feb 2020 will be pro rated?

Thank you, thank you

some did it not for with the tax relief in mind but to have a place to try to grow their money better than FD
(with min 2.5% with EPF,,,,,,,with the current global economic challenges,....the FD rates are forecasted to be getting lower and lower.....)

This post has been edited by yklooi: Mar 7 2020, 12:10 PM

that could be the purpose

This post has been edited by yklooi: Mar 7 2020, 12:41 PM

Not sure how much is inside Yr dad's kwsp...
Why not withdraw out n then do self contribution into Yr mum n Yr a/c?
60k pm max

120k per annum and the rest in fd.. Then repeat every year... Fd vs epf variance abt 2%...you do Yr math to see how much variance lost per year x number of years to finish transfer to Yr mum n Yr a/c.

thanks for the updates.....
will set my mind and activities to realign this year EPF returns to be 2.5% in Feb 2021

if I am not mistaken,...I read before here......we cannot do withdrawal online....
withdrawal has to be done face to face in the EPF office