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 EPF SELF-CONTRIBUTION

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post Feb 16 2018, 08:50 AM

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Our EPF is no different from all the rest of those "" INVESTMENTS FUNDS " in all other countries around the WORLD .

However the way to RATE is always to look at END OF YEAR DIVIDENDS !

Our EPF has a history of VERY IMPRESSIVE DIVINDENDS , hence returns which means their investment strategy is VERY GOOD !
But compared to the whole world , it appear the whole world is doing VERY POORLY !

So the EPF team is doing like BEST INVESTMENT MANAGER beating all the HIGHLY PAID INVESTMENTS throughout the world .

Why we wonder ------- these SUPERB INVESTMENT people are so UNKNOWN to the rest of the world , when they are CREATING HUGH WAVES giving STELLAR RETURNS ???

I think you are adult enough with thinking powers to know what is happening !
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post Feb 16 2018, 10:15 AM

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QUOTE(Tham @ Feb 16 2018, 09:38 AM)
You still can't get the message.

The EPF is completely different.

I emphasized FORCED SAVINGS twice.

So did the people in the news link given.

Once you decide to put your money there, you can't take most of it out until you are 55.

All other private investment funds - unit trusts, etc - you can take out anytime you decide to.

And the EPF has the backing of the government.

They are the ones who decide the dividend rate each year.

The others don't. They're on their own.

And why do you bother how and why you get such good returns, as long as you get It, and are GUARANTEED to get it for life  ?

The EPF has been around for the past 66 years - probably twice longer than you.

It won't run away.

As I told those in the Fixed Deposits forum - the advice has been given.

Ignore it at your own peril.
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When you travel around the world , and get to know other CORRUPT countries & equally CORRUPT people whom manage these countries ---------- you will find EPF will also ------ be squirelled away by these CORRUPT officials . There is NOTHING that the ENTIRE population of depositors can do when these EPF with their so called SMART investments go seriously DOWNHILL or LOST due to SCANDALS !
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post Jun 10 2018, 12:31 PM

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What are the REAL HARD TRUTHS

That Chinese do not TRUSTS the GOVT to handle EPF funds

The new Govt is STILL ASCESSING THE DAMAGE for all the FUNDS in Malaysia .

Until the results are OUT , I don't expect there will be much changes in how people perceive EPF !

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post Mar 30 2021, 04:55 PM

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It depends on whom is the Govt
If Malaysia has a Govt whom steals money ----yes EPF will not be spared

I know of 1 country where the citizens are left with approx. 50% of the EPF as the Govt is corrupt and invested unwisely the citizens EPF

That country is Papua New Guinea

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