Any better offer for 3-months than OCBC Islamic, currently?

Wow, will sure look into that! Thanks

PMed

I took their HSBC Credit Card offer (free tablet). They just email you a link, you apply directly with the bank, and the bank sends you a code to claim your reward from ringgitplus.

I think previous poster was talking about 100k FD amount, not interest?

Whose lives will be ruined though? If someone really got so little that they cannot survive without EPF payout at 55, how they gonna survive when the EPF money runs out?

Problem of life expectancy too high.

Of course, I think most here are thinking from perspective of those who already got more than enough, and the 'life ruined' is more like 'my investment strategy need rethinking'. Sorry, EPF don't have your interests in mind =)

Can see you starting to dream already =)

EPF is really one of the better structures we have in Malaysia. You put in money it is confirmed yours, direct benefit from your hard work. If you have 6 million in there, how much would you have earned to get that (11% self + 12% company contribution)? Means you also had 18 million or so which didn't go to EPF (minus whatever was taxed). Really need that 6 million so badly?

Assuming no great illness with accompanying medical fees (insurance normally don't cover past 70 or so).

Assuming house don't suddenly burn down.

Assuming we don't get Zimbabwe level inflation.

Assuming communists don't take over and 'redistribute' all existing wealth.

And at least if money in bank, a bit safer, when its in EPF, have to worry whether government mis-using EPF money =p

Always can find worst case scenario one...

At least uncle goat got less years left (expected) so less chance for negative

In my opinion EPF is basically a fixed-term FD....

Uncle BCC, perhaps you not to familiar with the area, but as long as no proper parking lot they tend to tow only. Expensive lesson unfortunately.

Hi sifu-sifu all,

I have an awkward question to ask, I placed a Bank Rakyat FD (5 year 4.5%) sometime last year but can't find the slip now. Any way I could get it reprinted? Is there a penalty? Must go back to same branch?