Yape, anyway, i am projecting a dividend of at least 6.15% (worse to worse scenario)..

I think it is quite low possibility that they will issue the dividend lower than the previous years because of their previous report that the EPF income had increased.

EPF Reports Higher Income

very much agreed..

i never involved kwsp into my net worth calculation as well because the money in there cannot be touched..

better think twice when investing your money...

EPF Holders Lost Money in Unit Trusts

just because many people think that kwsp is not their money, they ended up making more lost when they invested at the wrong or non-performing unit trusts..

yape, those are common mistakes especially when their research are solely based on the unit trusts consultant..

well, i have a few friends caught up.. just because wanting to know more from the consultant, ended up buying the unit trusts without sufficient research..

always remember that KWSP is still our money..

This post has been edited by smartinvestor01: Jan 24 2014, 08:32 AM

you can always contribute voluntarily through the maybank or public bank online banking..

sometimes when i have extra, i will contribute extra too...

yes. but some HR would not want to take the hassle because it requires the directors signature and some forms for it to be implemented..

Certain HR wants the contribution to be standardized so that it is easy to monitor...

i am a wage earner.. sometimes when i see my epf got figure which is ''alang-alang'' one, for instance another RM100 to RM40K, then i will bank-in into my epf via Public Bank or Maybank just to round out the total amount in my epf..

anyone can bank-in anytime without going through the employer..

I bank-in online through my Public bank online and Mbb online..

Very convenience..

It takes about 3 working days for the bank to transfer your money into KWSP.. So you can start to check on your kwsp the third or forth working day to see whether the money has been successfully bank in into your kwsp account..

but be very careful when you key in your membership number.. better to ensure that all the details are accurately keyed-in as you might not want the fund to be transfer to the wrong membership account..

Although their side might cross check your membership no with your ic, there are still rooms for mistakes to happen if the details are inaccurate..

Cheers..

yape, my expectation is still high for the dividends for kwsp dividend which would be announced sometime maybe in february..

based on the news, the dividends will be declared sometime in next week..

i am anxiously awaiting for the dividend news..

The funds in KWSP are guaranteed by the government..

The books on Akta KWSP can be bought at book stores..

On the other hand, if you are investing in unit trust, you dont have the same privilege..

I believe that the EPF account holders have the option to diversify their holdings.. which means that we could also opt to diversify our monthly contribution to both conventional account and KWSP-I account..

As i know, some investors might take the opportunity to diversify..

Just sharing my view..

I was thinking by the time the shariah compliance KWSP is ready, can we opt to maintain our current conventional KWSP and add in additional account for the shariah compliance account that time..

If it can be done, the shariah compliance fund would be my voluntary contribution while the convention one would be employment contribution.

Yes, as EPF is actually under government, i could sense that the shariah compliance might performed better than the conventional EPF..

This is only my point of view based on the performance of ASB as Bumi fund in comparison to the other funds like ASM, ASW2020, and AS1M..

But if they mentioned that they need to take away the capital guaranteed term, i will just forget about the conversion of my current conventional account..

This post has been edited by smartinvestor01: Apr 15 2016, 04:36 PM

Oh yea, thanks for clearing the air..

I always got confused on that..

Yeah.. basically saving your funds into EPF is guaranteed by the government with a minimum dividend payment of 2.5% per annum for the conventional EPF as stipulated in the KWSP Act.

The drawdown is that withdrawal of the savings would need to wait till at least 50 years old to withdraw Account 2.. For the full withdrawal, you need to wait till the age of 55 years old.

But withdrawal for the other purposes could be applied such as Account 2 withdrawal for downpayment, etc, as shown in their website.

Its not going to bankrupt based on the KWSP Act covenant..

For me, its used only when required.. Not withdrawing due to those kind of rumors..

This year, i believe the dividend would be roughly ranging between 5.5% to 5.8%..

I have the feeling that no matter what is the result would be, it might outperformed ASM.. lol..

Hi.. I am from Kuching too.. In Kuching, landed properties still the best bet and safer option as compared to strata properties which are now oversupplied.

I would still use property to leverage than depending on EPF alone.. still, have to be very caution in the property market here.. Have to do your own due diligence..

Yes, it is possible.. I am managing 4 properties, all of it gets minimum 4% per annum and above for the rental income, which excludes the capital appreciation..

Just that 80% of the people make loss in this investment due to many reasons due to lack of studies, and due diligence.

I came across quite some investors buy because they love the property, not because of the rental yield or possible capital appreciation but believe it would be better off in the future which is a big mistake..