If 75 im happy, the base amount can still draw annual divident which is better than fd 😄😄

If u have the money and bed ridden, u will depend on others LESS.

Ahhhhhhhhh smell of materialism, status, peer pressure, living on credit. No wonder some complain about living in pressure cooker.
Diff folks diff expectation, thats what I am saying. I always encourage one to do retirement planning even from young instead of wasteful spending. A young man with BMW, most likely paid with credit and not building wealth whereas an old man with BMW paid with cash from his accumulated wealth. I for one PLEASE myself when my wealth pile up n I only need to spend on the dividend. And when I go I will happily pass it to my family. To me that is joy.
It is hard to make the first million(esp so if u are spendthrift) but once u achieve that the next few millions will come easier.

That's before i was born.

Apa...la....

The lowest since i start my contribution.

Perhaps he meant down payment? Give 2k can drive out to road already?

power of compounding.

also, 8% on a balance of 10K is only 800 rm 
4% on a balance of 10 mio is only 400K rm

Tiering doesn't help those with low balance simply because the extra 4% pa will not do much. Gov better solve the low wage issue in Malaysia vs talking crap.

why discuss about tiering when everyone worked hard and also contributed to EPF? then those who work hard to earn more should be penalize?

Tiered dividend system should be such that the more you save the higher dividends you will get.
Those with > 1M should get higher….>1.5M ++ and thereafter.

Buy the stock when its at cheap valuation.

Collect the stocks gradually dollar cost averaging over time.

When you reach say 100 lots, just leave it to collect dividend. Very often this particular stock gives dividend in share form in lieu of cash.

When the share price falls, do not worry. Given time it will recover.

If and when the share price doubles, sell off 50 lots.

What you then have is 50 lots in hand for free continuing to give you good dividends.

Something like that.

Does anyone know how long usually the latest transaction will be updated together with the dividend?

I'm satisfied with this Dividend Rate, 😊

Using some imaginary number:

Opening balance: 500k
Self contribution per year: 60k
Stagnant mandatory contribution per month: 2.5k
Fixed dividend rate per year: 5.5%

One can hit 1mil in 4 years.

Then stop self-contribution, and reap 55k dividend + 30k mandatory contribution annually, leave 1mil in account.

Not bad at all eh. Wondering if I screw up my calculation to have these figure.

If not for the withdrawals last year, 2021 dividend rate would have been 6.7%.

https://www.sinchew.com.my/20220314/%e4%b8%...b4%be%e6%81%af/