This post has been edited by HarpArtist: Feb 11 2016, 09:38 AM
EPF DIVIDEND, EPF
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 Feb 11 2016, 09:36 AM
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#1
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3,838 posts Joined: Sep 2013  
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with epf liquidating their london property this year should still be fine...but who knows next years... now that they lost some of their future pound denominated incomes, better withdraw if possible. bank staffs that have dealing with govt depts all advise me to withdraw anything to do with govt, whether epf or tabung haji or amanah saham, they say too dangerous current situation. later got donation
This post has been edited by HarpArtist: Feb 11 2016, 09:38 AM |
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Feb 11 2016, 09:57 AM
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#2
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(annas473 @ Feb 11 2016, 09:49 AM)  |
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Feb 11 2016, 10:13 AM
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#3
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Senior Member
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QUOTE(Ramjade @ Feb 11 2016, 10:00 AM) Of course they asked you to withdraw cause they want you to buy their product. ah i doubt it. personal friends  they earn commission for every new customers. they know i dont buy anything from them anyway.This post has been edited by HarpArtist: Feb 11 2016, 10:14 AM |
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Feb 19 2016, 10:08 PM
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#4
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3,838 posts Joined: Sep 2013
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epf need to balance the lesser of 2 evil...announce higher and lose next time or announce lower and see everyone withdraw
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Feb 21 2016, 09:25 AM
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#5
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QUOTE(langstrasse @ Feb 20 2016, 10:03 PM) 6.40 % is really good in this period. I just wonder how they do it. No complaints though ! they disposed some star overseas properties so realised profit is v good for this year.Article related to the subject: http://www.thestar.com.my/business/busines...tive-rates-era/ Seems like EPF is now a pretty good option to stash savings, as long as we're willing to wait until retirement to access it. |
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Feb 21 2016, 10:33 AM
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#6
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QUOTE(MUM @ Feb 21 2016, 10:11 AM)  they still have many more properties to sell  Malaysia's state pension fund, the Employee Provident Fund (EPF), has sold its property at One Sheldon Square in London's Paddington Central to British Land Company Plc for £210 million. The deal also marks EPF's first property disposal in the U.K. EPF, the world's sixth-largest pension pool, also owns real estate in Germany and France. http://www.reuters.com/article/malaysia-ep...N0XB3ED20150414 The London deal is the first one in UK....more to follows??   they repatriating everything to MY to prop up the economy. is right la but in future if all earning and investment in RM, hard to ride out the future storms. hope when situation stable epf goes back overseas to buy again. |
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Feb 23 2016, 01:27 PM
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#7
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QUOTE(plumberly @ Feb 23 2016, 01:25 PM) Sorry, I like to play with numbers. rich dint bother about epf. which is to say they hedge their bets. they probably wont give up citizenship here but have PR. usually in singapore Australia and thailand. so their epf still here.That work out to be on average RM70k and RM50k per EPF ac for 2015 & 2014 respectively. I expected the "rich" ones to leave the country. Please don't hammer me saying that the rich ones do not put their money in EPF! Ha. |
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