QUOTE(kpfun @ Sep 16 2016, 09:55 AM)
I do the same by parking part of my saving into EPF.
The official legal age is 75 years old, and the unofficial one is 100 years old.
After 55, you can make a stand instruction for auto monthly withdraw, other than withdrawing the full. And, you can alter or cancel or re-do, the stand instruction with any amount and without any charges. And also, you still can make self-contribution until 75.
I'm making the saving in ASNx and EPF about the same weight.
EPF made BAD investment lately. Each time I looked at company announcement, EPF always buy high and dispose at low value. Make me wonder if I want to continue self contributing.
QUOTE(tonytyk @ Sep 16 2016, 10:01 AM)
Why only auntie targeting ASM not ASW or AS1M?
No I don't focus on ASM. I started with 3 books and will ask for whatever available. Managed to hit my AS1M 1st & 2nd target <2weeks as it was easiest to top up. To follow with ASM, managed to hit 1st & 2nd & 3rd target within <1month. I've also asked for ASW and top up as much as I could but it was harder but not impossible in May & June. Finally hit my ASW 3rd target on 1/9/16.
No more top up as I'm reserving some for stock market to drop further.
QUOTE(guy3288 @ Sep 16 2016, 12:53 PM)
can see how happy you finally come here.
actually i was wondering why you didnt come earlier.
the difference is really huge, for every Million you can lose some RM20k a year
true, actually can open if you insists
yeah UT is no joke can lose money, same goes for stocks, i never really make money there.
this one attracts my interest. can share what stocks you have?
i have some 200k stocks- 'poor' dividends(compared to purchase cost) <4%
You manage to get 8%pa dividend over your cost of purchase?
I don't set high target, as long as the return is better than FD.
QUOTE(wil-i-am @ Sep 16 2016, 01:03 PM)
I presume she plans to re-balance the 3 portfolios
Will consider for ASM next year only, depending on EPF next dividend rate.