Hi people, I am really new into finance, so please pardon me if the question sounds extremely stupid to you guys.

So I just know that we can invest in EPF. With the recent 1MDB issue, I sort of like lose hope in everything offered by gov that seems to be "independent, strong etc".

May I know is EPF really a safe place for investment?

Can you says NO, if you falls under this ACT
"the EPF Act 1991 in 1991. The EPF Act 1991 requires employees and their employers to contribute towards their retirement savings, and allows workers to withdraw these savings at retirement or for special purposes before then".

I think the risk is MUCH higher when buying new in progress properties for investment than putting monies in EPF...
"is EPF really a safe place for investment?" .....how do you interpret investment?

If EPF, ASN, ASW kind of funds are not safe, then I can tell you no fund is safe.
If that 3 I mentioned are not safe, trust fund are much more worst than not safe.

Go to a bookstore looked for a book namely the EPF Act..

It stated that the government not only need to guarantee the funds in EPF, but need to also pay a minimal of 2.5% interest per annum..

What will only happen is when politics become unstable, our currency drops then inflation happens (as what we are experiencing right now)

So.. the end result, your EPF depreciates in value due to the inflation..

This post has been edited by smartinvestor01: Jul 16 2015, 11:21 AM

Yes, if those funds are not safe, then we would say there is no place safe to put the funds..

This post has been edited by smartinvestor01: Jul 16 2015, 11:22 AM

Trust funds depreciate faster than inflation, if government says inflation at 3%, funds gone at least by 6%

I trust EPF

I trust nobody, but I willing to let EPF to cheat me because they are offering 6% dividend
Still better than trust funds saying 10-20% but 2-4 years only give out distribution/dividend once for 1-2%

when supersound opens mouth...bull's arse opens...and a whole load of faeces are unloaded

This post has been edited by Pink Spider: Jul 16 2015, 11:32 AM

Yape, i can imagine how regret i am to put my RM200 into my monthly unit trust fund which the value is now dropped.

The money works better for me in EPF, ASM and AS1M than that bloody fund.. Now can only depend on averaging method nia...

2-4 years only give out distribution/dividend once for LESS than 1-2%
2-4 years only give out distribution/dividend once for 1-2% or
2-4 years only give out distribution/dividend once for MORE than 1-2% or
2-4 years only give out distribution/dividend once for 0%
from UTs funds....DOES it really matters?

doing averaging into UTs funds again?
the funds NAV can continues to drops again.....imagine more regret then?

Berkshire Hathaway...no dividends at all

This post has been edited by Pink Spider: Jul 16 2015, 11:58 AM

can this be the reason that "the chairman, CEO and largest shareholder of Berkshire Hathaway, and consistently ranked among the world's wealthiest people"?
wondering how many investors he got? how much asset under management does Berkshire Hathaway has?

hope you know what i am imply

12+11% totaling the money of ALL Malaysian employees flows into EPF EVERY MONTH.

MOST POWERFUL fund in malaysia.

In fact, 13% + 11% for those who earns < 5k

of course I know!

although last few days got increase, but the increase is only limited..

at least i am not putting majority onto this..

Yape, just imagine everyone who is employed are regularly contributing to this fund..

So from what i understand through all the posts here, EPF is the safest yet giving out 6% increment annually right? So lets say if my income is RM10000, i decide to put 30% into EPF every month and my employer bank in another 12%. This means there will be RM4200 entering my EPF every month. With 6% interest rate, after 35 years i would have roughly Rm5 mil. Is that correct?