Are you saying if I contribute last day of the month, EPF will calculate based on last day balance?

Thought EPF will have certain formula to calculate coz the balance will vary depending on when a person or company put in the contribution? Or I misunderstand the whole message?

With the latest CPI number at 2.8% which is below most analysts expectation of around 3%, the chance of OPR hike until GST being implemented now become remote.

ps: what's that ref to the 14 floor? dun get it 

The comment at the bottom of http://imdavidlee.com/how-to-calculate-your-epf-dividend/ linked to these 2:-

http://farm5.static.flickr.com/4077/493413...892ae4afd_b.jpg

http://farm5.static.flickr.com/4122/493353...559632de5_b.jpg

which basically state that dividend is calculated on a daily basis.
Based on the above 2 links, "delay it until the last week of the month" is not a good move. 

It's anytime is a good time thingy, & the earlier, the better.

Cheers

If that is the case, employee stands to gain extra 30 days's dividend every month!

when does this end? with the 6+6 3.83%+4.28% step up, they told me that only the principal is rolled over into the 2nd 6mths. I guess it's the same for this 3+3+3?

Hi guys, may I ask how long u guys usually wait for fixed deposit to withdraw?

I owiz waited very long 30min to 40min in public bank, oug eVen though like not many person... very slow, not sure they on purpose or the procedures memang so long

Haha..My question is what do you shout in banking hall? 

Thanks for your update, new OCBC FD promo has updated on Post #2.
So..is it better to place FD in short term? Like 6 months or 9 months..?   

I think RHB 4.15% for 9 months is the best option, but unfortunately it will end on this Friday..
Very headache.. 

Oh... Do you mean the last day for RHB FD promo (6 months at 4%, 9 months at 4.15%)
is 15 Dec 2014..?

But the orange color RHB FD flyer (on Post #2) stated this promo will end on this Friday, 5 Dec?
So, RHB has extended this promo to 15 Dec..?

BR's 9 months rate is only 3.95% 

I think I will move to RHB for 9 months lah..!!
Hoping that OPR will raise during second half of 2015..

Another option is Affin for 2 years at 4.38%

Thanks for telling me this.. Young Magic is very steady.. 

Did anybody place RHB..? Any gifts..? 

When oil price sliding, means oil export countries receive less USD, less money inflow, currency slide down, make perfect sense, even without any intervention.

Current, inflation is largely due to subsidies cut, not commodities.

In business or specifically manufacturing, lot of raw material price is actually sliding down, besi buruk price also go down 10 cents recently as far as I knew.

Just subsidies cut, wages increase (due to min wages), shortage in labour force, that result in higher cost for production, transportation, that resulted in higher price of goods.

I see two issues here:-
1. Standard practice - I am very sure I asked the question if I withdraw my principal before maturity. Whatever interest paid can be claimed back by bank. The staff answered what had been paid is yours and bank won't claim it back.

That made me comfort to opt for 48 months or 60 months. Even if I need money, I can withdraw every 3 months.

2. I asked for term and condition I signed if there is penalty (just in case I really forgot in (1)), but they can't show me what I signed. Thus, do they have right to charge the penalty? If there is no written agreement, you have no right to charge back.

And you renewed me on board rate with 48 months by giving me 3.35% with this term. Those fresh fund or new customers who deposited, 1 year can get 4.05% with only 1 year commitment. Fair?

Even without promotion, 1 year 3.3% and 4 years you give me 3.35% LOL

Back to the issue, what I was told in 5 years and what I was told now totally is not same case. So, I asked the bank to show me the agreement I signed if they want to charge me penalty.

You are wrong. You thought the 48 months with 3.35% is very attractive?

the rhb 9month 4.15% still available? btw, u guys bring cash to do the FD or how u guys allocate the fund without physically teach me sifu? like cant find in their website

No issue at all. I can even lost the half of the interest received and closed all facilities I have with them. It is not worth to stay with them anymore.

Moreover, the thing I hate them is their credit card. Late 1 day in payment of Cc will get late fee of min 10. Unlike other banks who offer 3 days after due date without late fee.

eddie2020 Hurry bro, last day Friday! min. 50K. no need check website, trust boomchacha's post #2 

Young Magic, did you manage to place your RHB FD on the same day after Rentas from BR..?
I hope I can do the same...

RHB 9 months 4.15%...
need another rm250 for opening new acc
remember to state for old style passbook acc...AKA non-ATM/card acc..if not have to pay rm20 per year
I got the freegift umbrella..normal umbrella..not those big/golf umbrella

Can issue personal cheque?

Super Magic.. 
Do you know why need to have a saving account? 
I was told by RHB branch that this RHB 4.15% FD promo does not have monthly interest.