Folks,

I gaze into my crystal ball and I predict the EPF distribution will be less than 6% in 2014. In fact I'll wager it to be around 5.5 to 6.0%.

If I am right, ask me again how I get this prediction.

Xuzen

Usually late Feb or early Mar.

Xuzen

>50% of EPF moneys are forced savings errr... I mean invested in Govt Bonds. How to give you double digit rate of return?

Xuzen

Max,

Whatever ang-pow cum distribution they announce makes no difference to me... the money can see but cannot touch.

Xuzen

Ring ring...

Hello, Azlan speaking.

Assailamualaikum, Bang Lan. Kak Mah nak minta satu favour kat Bang Lan boleh?

Boleh, Kak Mah. Anything for you.

Bang Lan, boleh beri dividen tinggi sikit? Tangguh annoucement boleh? Umum kat bulan Mac boleh? Bang Jib will remember you always.

No problem Kak Mah. Let's have an understanding, U tolong I, I tolong U.

Terima-kasih Bang Lan. This Sunday jumpa kat Troika OK? Bawa cucu sama mari makan hi-tea ya.

This post has been edited by xuzen: Feb 15 2014, 01:56 PM

congratulations, your aggregate income for 2013 is RM 150k approximately. That puts you in the 26% percent tax bracket. You will be loved so much by Ah Jib Gor et al.

Xuzen

%#¥x@ Oil & Gas salariiman......

Hi folks,

I made this prediction in Jan-14. Looks like I am way off this time. The method that I use is immediate historical 10yr Standard Deviation and Linear Regression analysis and the result shows that EPF has been declaring above x1 Std-Dev. And also way above the regression line.

This, to my mathematical mind shows that it is going to get more and more difficult for EPF to continue this winning streak.

Xuzen

This post has been edited by xuzen: Feb 18 2014, 10:19 AM

Tell your aunt to be very careful... The Anti-Money Laundering Act 2001 coz her wealth to be frozen and forfeited if she is ever found as an accomplice to money laundering.

Xuzen

I am sorry you think that way, it shows your ignorance true and true.

Xuzen

You are most likely an impressionable youth and who is using your aunt as a role-model because you see her wealth as a measure of success. It is natural. However I wish to caution to those who are thinking along similar line as supersound to bear in mind that the financial services industry has changed and it is not so easy to "help rich datuk" move the money around anymore.

New laws such as AMLAFTA and FATCA gives our local enforcement people (Jointly the custom, police, BNM and Sec-Com) more bullet to curb money laundering and illicit out-flow of funds.

Do not hero-worship people who "help datuk" move money around... it is criminal.

Xuzen

More money for me to take out for MIS.

This is my gut feel; KWSP is giving higher and higher dividend but you are only seeing virtual numbers, the money we can never touch & feel.

That is why I am divesting it to other unit trust provider.... to the old adage, "Do not put all your eggs into one basket".

Xuzen

Disclaimer: I am a UT agent.

This post has been edited by xuzen: Feb 7 2015, 08:54 PM

Suggested solution:

Create a living trust and put in a clause in your will that should the EPF nomination fails for whatever reason, the proceeds should go to the trust.

Then in the trust, appoint a professional trust body to manage your proceeds according to your wishes.

Xuzen

It does not work this way. If your will do not specify it, should the nomination fails for whatever reason, the portion that is intended for the demised nominees will automatically go to the residuary estate of the demised nominees, and does not automatically goes to second nominee. Previously I too thought it was as wodenus think, until my Rockwill agent told me otherwise.

Xuzen

P/s Estate distribution follows a vertical line, not horizontal.

This post has been edited by xuzen: Feb 14 2015, 07:48 PM

Will can only be executed upon production of a valid death cert. Cannot be contacted is classified as missing.... tunggulah seven years then apply to the court to get a death cert.

For this you need to set up a living will with instruction for M.I.A.

Xuzen

http://www.kwsp.gov.my/portal/ms/news-listing-page

Rumours are just that, rumours.

Xuzen

p/s Beside KWSP is govern by Act of Parliament, they cannot simply simply change without going through the parliament. And if it does, the media would have pick up already.



This post has been edited by xuzen: Mar 14 2015, 03:53 PM

why why why I am not in this category?

Actually hor.. the proper calculation is (6.75-6)/(1+0.06) = 0.708. Little bit difference lar...

Xuzen

One of the greatest key risk of REIT is not volatility... it is Rights Issue Call and SGReits are rather notorious for that due to their nature of distributing 90% of income and leverage not more than 50%....

So prophetjul, how many rights issue have you taken up from holding SGReits?

Nowadays kids make money from:

I) Writing apps and selling it

II) Play games, level up then sell it to 3rd party for a profit

Xuzen