If you’re bad at actual investment (not the typical simply buy stock here and there type, these type all pasar pagi aunty also doing la), or really really maximising your cash on hand, just stick to EPF, let it be a “forgotten” fund for you.

There’s no denying at least 80% of the people who withdraw EPF money just falls under this 2 category:
1. Really need money to keep on surviving through this tough times.
2. Just to buy ps5/iphone or other unnecessary shit to show off in insta.

Very rarely there’s people who really know how to handle that 10k, or more, wisely.

As someone mentioned, people just cannot comprehend the compounding power. I got ~rm114k from today divident announcement by epf, basically doing nothing. And i still got loads more years of slaving to go before i retire, even then, I won’t take out epf oneshot simply because of how hassle free, low risk it is.

Go google yourself compounding intrest examples yourself, its as magical me telling you, if you could fold a piece of normal thin paper for 42times, it’s thickness will reach the moon by then.

This post has been edited by Spitzer: Feb 27 2021, 11:30 PM

Macha.. i’m not even close to retirement age... of course alot more year, or decades to be a slave la, as much as i wish i’m some big time business owner, i know i’m just a small kitten compared to all the business chain owners. Also, the 2mil or so in epf that’s untouchable anyway, cannot even be used to outright buy my current property weh...

But the company pays very well, and has an incentive to topup malaysian epf% from employer side, so all’s good - until the day i get a fat check from redundancy