Ya. I need to change. Cos each time I open shopee, I will have the urge to buy this buy that. Omg. It's Neverending urge. Dunno got meds to cure this addiction or not.

pro 

i think i should use your advise.. each year deposite my money into my dad EPF account.. btw, the most accurate of timing to deposite the epf is when or after they declare the dividend right? So my gain from this investment can be calculated accurately 

Uninstall all e-shopping apps from yr fone and computer.

That's why shopee like to give shopee coins for each day login. 1 cents per day to entice you to buy things per day

I am not trying to promote Public Mutual, but there's this agent (well a friend lah) she approached me and promoted me this Public Mutual product where the interest is similar to our EPF, around 5% per annum and she asked me "Why you don't want to withdraw from your EPF to and place into this fund? They are similar in interest and you can take it as a better than FD investment and best of all can take out anytime."

I forgotten the product name, not sure if any of you aware of this or not.

I didn't really told her the reason but I believe because EPF is been guaranteed by government at least 2.5%, meanwhile I am not convince of PM's performance.

So why I mentioned this? Because the EPF withdrawing news has been in the trend again lately and I saw some discussion regarding allowing citizens to withdraw RM 500 monthly from EPF, that's why I am curious if these people better put their money in other avenues where they can withdraw or something?

Note: not a public mutual agent and also not selling or promoting.

5% dividend is not the same is 5% return from EPF. 5% dividend is basically right hand go to left hand.

Those who tempted to buy really weak. Cannot even fight temptation.
I collect 1sen and never buy anything from shitpee

Not everyone as strong willed as you  Kudos to you

Companies spend billions per year on marketing to brainwash you to buy things

hahaha, true. Forgotten the management fees.

Their marketing never works on me. Lol.
No. Not management fees. Kindly go learn about the fake dividend of unit trust.

Hmm I googled fake dividend of unit trust, not much information.

A significant number of investors choose to reinvest fund distributions automatically instead of receiving them in cash. When dividend payments are reinvested, the shareholder receives either additional shares or a fraction of an additional share in place of the cash payment. The NAV still declines by the amount that is distributed, but the total value of the fund investment for the investor stays the same.

You haven't Google correctly

https://www.investopedia.com/ask/answers/09...certain%20funds.

Read first page
https://forum.lowyat.net/topic/4193169

Just to check. Can EPF store in more than RM1m ? ANy max caption ? Hear if more than RM1m need to do force withdraw. Betul kan ?

Can over RM1m, no force withdraw. You can voluntarily withdraw any excess amount over RM1m any time.

Thank you for the info. Meaning can store an unlimited amount? RM10m and so on ?

No limit.

Thank you for the info. Meaning can store an unlimited amount? RM10m and so on ?

But for now u can only max self top up rm60k or 100k a year... unless you super high earner else cannot one shot hentam rm10mil

100k per year, really meh ? I thought 60K max?