nothing serious to think about....
just a simple came to mind reasons that lead me to not seriously think about it are
current political situation, pass actions done on this KWSP saving/retirement withdrawal issue, current unemployment situation, race and party survival issue....that are just some of it.
thus no issue to think about.

Most of the retirees that has little in epf may have started their working lifes at a much lower pay value than yours... Lower pay lower epf value contributed

Just example, in 1980, the pay of a production operator in a factory starts from RM180 pm

This post has been edited by yklooi: Jun 27 2020, 09:07 AM

He mentioned retirees have very little in epf... Not so much abt value in epf can beat inflation....

Will the company that exports the product see a lesser returns when the volume of export remains the same or those thas has price contract argement for a certain fixed period?

thus this only applicable to some exporters

pssst,...we are way off topic now,...better tone down, else some butthurt will sound "Report post"

on this about investing in local Public listed companies, to boost the economy...
just read this headline (cannot read more as it is only for subscribers)

Published: Tuesday, 07 Jul 2020
Bursa Malaysia chairman Tan Sri Abdul Wahid Omar has stressed on the need to address the issue of declining public listed companies’ (PLC) earnings since 2015
https://www.thestar.com.my/business/2020/07...d-omar#cxrecs_s

This post has been edited by yklooi: Jul 7 2020, 05:00 PM

will continue to monitor while your EPF's money is till in Principal DALI Equity Growth Fund or
will continue to monitor while your EPF's money is till in Principal Islamic Lifetime Enhanced Sukuk Fund or
will continue to monitor while your EPF's money is back inside EPF?



This post has been edited by yklooi: Jul 16 2020, 04:48 PM

so it is not as per "this year 2020 is gone because of this pandemic"?

nothing much to share as
EPF is a Gomen thing,
i cannot say no i does not want to put my money inside
i have no say in how that money is/are going to be invested
i have no say in how much they gonna gives me....

but i can say, check back the historical dividend rate since 1960, ......
and i am just happy for what rates it throws at me

was there really had this issue before or EPF actually really practiced before, where EPF did gives interest rates lower for age 70 and above.?
or it was just rumours or speculation previously?

that seems to be very true,......
judging from the quick look of this chart
(some people started to take loans again after the lockdown)
https://www.thestar.com.my/business/busines...s-remain-stable


Attached thumbnail(s)

Wow,...with 1 mil... It will takes abt 16 yrs at 60k pa limits to fully deposits all into epf.... By that time is already 86 yrs old

as per 9 Nov 2020 article,

Tengku Zafrul said Malaysia needed to think of a long-term solution for EPF contributors because there were structural issues that the country must tackle in the medium to long term.

According to EPF data, 32 per cent of total contributors only have an average balance of RM1,000 in Account 1, while another 10 per cent of the contributors have an average balance of RM5,000.

"Hence, 42 per cent of EPF contributors have a balance of RM5,000 and below. This is one of the structural issues that we need to overcome."


https://www.msn.com/en-my/news/national/epf...l?ocid=msedgntp

just hope that this data of (32% or 42%) are data that included those qualified to withdraw under Budget 2021: RM500 monthly withdrawal from EPF Account 1 for 12 months
if NOT inclusive, than it will be lower again.

with the EPF contributions are distributed to 70% in Account 1 and 30% in Account 2
if 32 per cent of total contributors only have an average balance of RM1,000 in Account 1, while another 10 per cent of the contributors have an average balance of RM5,000.....
ever wonder how much average they have in Account 2 for withdrawal and number qualified to withdraw from the earlier i lestari program?
(if average in a/c 1 is 5k is 70%, then the average is 2k in a/c 2?)

"The i-Lestari facility allows EPF members aged 55 and below to withdraw between RM50 to RM500 a month for 12 months through March 31, 2021, subject to available funds in the members' own EPF Account 2."
https://www.nst.com.my/news/nation/2020/06/...0%20per%20month.

ever wonder how much are the total average balance that are in the EPF accounts of those 32% or 42% after all these withdrawals?

This post has been edited by yklooi: Nov 9 2020, 09:46 AM

realised that, hence amended my earlier post

let me try to comprehend your sentence..." i have gain almost 3 times my 2019 epf dividend (in term of amount not percentage)"

so assuming you can take out RM2000 from EPF to invest.....(2k is small sum i presume)
this 2k if not taken out will get 6% dividend (6% is just example to calculate)
thus if 2k did not take out to invest you will get RM120 into EPF

now you mentioned that "i have gain almost 3 times my 2019 epf dividend (in term of amount not percentage)"
that means you gained 3 times this RM120 = RM360 for the 2k (money from EPF) you invested?

ok
then this rm100 dividend for 2019 is calculated from the dividend rate (%) x the SAME $ value taken out for this EPF-MIS scheme.
so assuming EPF rate is 5% X RM2 000 = RM100 dividend for 2019,
thus you had gained RM300 from this RM2 000 taken out an invest in EPF-MIS....
this is a good 15% gain so far,...

then this gain is even higher
for you need to have minimum sum before being allowed to take out to invest, thus what ever you can take out will definitely most probably be less than the minimum sum

if your EPF-MIS gain is 3x of all your total epf dividend......
you got it right in your EPF-MIS funds selection and in/out timing

This post has been edited by yklooi: Nov 9 2020, 09:44 PM

so the actual can take out to invest will definitely be much lesser than what ever is in epf.....
thus to be able to gain 3x the rate with this much lesser amount of money is very good

This post has been edited by yklooi: Nov 9 2020, 10:12 PM

will there be alot of different if 14 189 018 or 7 360 248 is used to calculate?

This post has been edited by yklooi: Nov 9 2020, 10:20 PM

and the 2018 picture also may not have included any amount of money that may have taken out for other purposes (ex: buy property or land)