Lol funny u talk
Use your knowledge dun always stick to epf
Thay why u guy cannot get rich
While i 28 can buy 5 acre land n 1 house double storey
Go ahead with ur epf

Yeah mr hansel have his point n i agree
I sure mr hansel have more knowledge than me
What i worry is this monkey finance are trying to loot our epf money with lot reason

My first tranche from KWSP a/c 1 into Eastspring is mid 2013, up to now it is around 30 mths invested with Eastspring KWSP-MIS. This is my 3rd UTMC switched i.e., from Pub-Mut to Eastspring.

NB: I did not take into consideration the calculations from my previous (since 2006 - 2009) with OSK (now is called RBH) and Pub-Mut (2009 - 2013) times, simply because I did not keep good record. But if I remember they were in low teen range during investment with those previous UTMC.

For this Eastspring era I did not withdraw it in fix period, I take it as I suka-suka and I did not mark down the date exactly when I withdraw subsequently. Hence I am unable to calculate the IRR exactly.

In lieu of that I just use my present capital withdrawn divided by 30mths (i.e., the total length of time invested with Eastspring so far) = pmt, N = 30, PV = 0, FV = my current NAV. Now I need to calculate the I/Y x 12

The calculated I/Y x 12 = 9.XX% p.a.

Some story telling time:

I first started with KWSP-MIS way back in 2005 or 2006 with OSK (because OSK next door to my work place, very convenient and those days no internet, all must be submitted manually) because I gatal-gatal wanna oomph up my KWSP investment. At that time I do not know anything at all about investment. But somehow I by lucky chance know that if I put 50% in KL-Tracker and 50% in OSK Money Market, I can tolerate the swing in volatility. This was not even taught to me by the then agent.

Perhaps another reason why I chose KL-Tracker and OSK-MM is because their sales fee was 1% & 0% respectively. See! Even before all these low fee issue become a hot topic, somehow at the back of my unenlightened mind, I knew that low fees was the way to go!

Then I started asking a lot about investment to who else? My accountant lar! My accountant also don't how to answer me because traditional accountant do not know about investment. So that accountant introduce to me the course CFP™ by FPAM. And I went for it! And boy, I learn so much and gain a lot of investment knowledge from it. Hence that is I why I am a huge advocate of CFP course.

Some fellow student there then asked me to become agent so that I can save on fee. And I bodoh-bodoh become a Pub-Mut agent to save on fees. Those days seriously no FSM or any other DIY platform, you must go through agent, and the best agent for me is myself!

From 2009 - 2013 I become Pub-Mut agent and saved some fees because the fees were paid back to me. Some of the funds from Pub-Mut  I remember participating are PSF, PRSF, PISEF, PIBond, PSBF etc.

Then in 2013, I switched to DIY platform because they became more widely available.

End of my story.

Sorry typo: should be RHB as in Rashid Hussein Bank, not RBH ( Royal Bank of Hollan)

I am just an employee of a business. I am not a business owner. I do not hang leg, I work a regular 9 to 5 job. Because I am not a business owner and I am a 9 to 5 salaryman, I have to create additional income by investing in a passive manner that is within an acceptable / tolerable risk to reward ratio. Passive as in I cannot be in:

I) MLM, UT or Insurance chasing after people to buy those stuff,

2) I don't have the luxury to sit in front of my computer monitor to look at Forex, Stock Market, futures, options or binary trading etc.

I say, you don't have to be in an extraordinary position to do extraordinary things. I am your template of an everyday regular Joe doing regular things to achieve extraordinary result. What I am doing is be mindful of the types of investment in the market (its risk, its cost) and the tax implication of each of them.

Xuzen

In my opinion.
To date, kwsp has been existent  for 60 years.
Total no of kwsp member till date is >600 million.
So if there is some changes, like convert to total or part of islamic kwsp, it would be a great burden to them.

150,000 members have converted
http://www.sinarharian.com.my/nasional/kws...yariah-1.551251

Well it's actually depends.. Some were "forced" by their hardcore religious friends to convert.. Its like u no convert, they will "look weird at u".. Sometimes would boycott u also..
Just like tudung issues.. Some my girls friends were " forced" to  wear it at work & some Malay events..
But when meet lepaking with me, no cover because I don't care

Im sure the islamic fund will do well, who dare to make the majority rage on the first year it self, heck I'm more scared they might divert the earning from normal epf to the islamic causing the normal epf to have a lower dividend

This is purely speculative and show your ignorant about shariah finance. The shariah operator will want to separate the funds at arms length, because they want to keep their money clean from defilement element such as money that comes from haran activities, such as, gambling, liquor business, interest bearing money instruments etc.

Xuzen

Off Topic alert!

KPFun,
Once upon a time i would have flipped too.

However, with time, i remembered what momma told me.
momma told me to focus on things i can affect
and for things i'm forced to "pay" and can't affect, think of them as a tax on being a gaijin

i make momma proud by
saving net salary (cash) & doing so with US, SG, AU, CH investments
+ keep paying "taxes" on being a gaijin in the country to "use the facilities".

when i retire, i'll do the same @ HCM or Chiang Mai - pay the "taxes" for the usage and can't be bothered with how it's spent, as long as the "facilities" are useful / acceptable.

Just a thought - no right/wrong and hopefully, less ruptured spleens trying to change the unchangeable 

Dun worry so much as U will cross that bridge when U get there

wise men say worry not those you are not in control of, lest you not get good sleep.

wise men say worry those that you are in control so that you may change it and get a good sleep.

Xuzen

think of it this way:
1. The Universe will only send challenges that we can handle + rewards that we can handle
2. What doesn't kill U, makes U stronger
3. (1)+(2.) = lots of opportunities created by self, thus creating own luck 

Just a thought - there are always pros & cons if one looks for them