Outline ·
[ Standard ] ·
Linear+
EPF - self contribution, need advise
|
koaydarren
|
 Oct 2 2022, 11:28 PM
|
|
QUOTE(Sunday3313 @ Oct 2 2022, 11:15 PM) Hi is Malaysian EPF a safe investment? Worried with corruption, weakening of economy… just a concerned citizen You cant worry about that too much. I believe that our currency will not out perform SGD but our petroleum output can sustain for at least another 20 years. I believe for now the risk will be low, and 6% dividend rate is consided very good. Consistently contributing 60k per year you can rich financial freedom in 9 to 10 years time. Its all about discipline and consistency if you want to build your wealth. This post has been edited by koaydarren: Oct 2 2022, 11:28 PM |
|
|
|
|
|
koaydarren
|
Jan 30 2023, 01:26 AM
|
|
|
QUOTE(FinalHistory @ Jan 30 2023, 01:19 AM) How do you find out that it hanged/spinning at the FPX page? I self contributed RM 20k on Friday and until today still not inside my EPF account. Monday night around 11pm will reflect on your apps. It requires minimum of 3 working days. |
|
|
|
|
|
koaydarren
|
Apr 26 2023, 08:56 PM
|
|
|
QUOTE(Cubalagi @ Apr 26 2023, 08:33 PM) The average balance of KWSP T20 is only RM244k. Thats like kwsp annual dividends for a few forumners here. Source: trust me bro |
|
|
|
|
|
koaydarren
|
Jun 2 2023, 09:25 PM
|
|
|
QUOTE(CommodoreAmiga @ Jun 2 2023, 09:23 PM) EPF maybe not so secure next 20 yrs...not so sure dumping so much there is good idea for future generations...we old fags ok lah...gonna die in 20 years or so. EPF should be okay because untimately the money is invested in businesses. The only concern is the current pension scheme is not sustainable. |
|
|
|
|
|
koaydarren
|
Jun 2 2023, 09:59 PM
|
|
|
QUOTE(nexona88 @ Jun 2 2023, 09:53 PM) But now no more pension scheme? For those new intake?? All EPF.... Sustainable or not... That's the headache of KWAP 😁 Sometimes get confused with kwsp... Since both sounded the same.... Hehehehe You are right. Many of my friends do not get the pension scheme working in the government sector. Mostly contract or epf. |
|
|
|
|
|
koaydarren
|
Jun 4 2023, 01:05 PM
|
|
|
QUOTE(Sihambodoh @ Jun 4 2023, 01:04 PM) I just transferred 10k from MBB to EPF to test water. Anyone knows how long it will take to reflect in the EPF app? Usually three working days, not including weekends and public holidays. |
|
|
|
|
|
koaydarren
|
Jul 12 2023, 09:57 AM
|
|
|
QUOTE(nexona88 @ Jul 12 2023, 09:39 AM) Yes. It's all on the rate now... EPF sure got plan... Simply won't let it get abused... Let's see the details later... What to do. PN keeps lobbying to allow EPF withdrawal. Now the government allows it, then people start worrying 😂. People demand for higher liquidity but want the same interest rate. Its a joke. Financial illiteracy of certain group of people is really scary. |
|
|
|
|
|
koaydarren
|
Oct 16 2023, 11:13 AM
|
|
|
QUOTE(CommodoreAmiga @ Oct 16 2023, 10:48 AM) Because the real issues can't be solved. Regardless which Gov or PM. I blame the majority vote bank for this. Every gov needs to please this group. Hence, there is no way to solve any issues. And over the decades, bad policies were made to please these group, now, there is no turning back. The vicious cycle just get from bad to worse. FINAL DESTINATION IS INEVITABLE. Unfortunately, your observation is correct. I watched some of the interviews with B40 on YouTube. There were so many people saying that they are not happy with the current government because there are not many Brims or free money as compared with the previous government. My Jaws just dropped when listening to it. There are many youngsters saying this FYI. This post has been edited by koaydarren: Oct 16 2023, 11:14 AM |
|
|
|
|
|
koaydarren
|
Nov 25 2023, 01:36 AM
|
|
|
QUOTE(lookie @ Nov 24 2023, 11:08 PM) I tried to make a small contribution via the kwsp app, chose my bank and the transfer went thru after tac approval but when back, showed some page say fpx duplicate detected blah blah. Went back to the kwsp app and didn't show any acknowledgement. Since this is my first time doing transfer, can I ask does the kwsp app show any acknowledgement after contribution went through? (Whether immediately in app or after a few days). I look in the app, it still says no self contribution for November. The money has been deducted from my bank account tho..hmm. Alamak. Be patient. It will not reflect immediately nor show acknowledgement. They won't update on sat or Sunday and it takes 3 working days usually. Check it on Tuesday night 12am. They usually update it at night around 12am. |
|
|
|
|
|
koaydarren
|
Nov 25 2023, 12:42 PM
|
|
|
QUOTE(ceo684 @ Nov 25 2023, 12:19 PM) "With savings of less than RM10,000, members are expected to have a retirement income of less than RM42 per month for a period of 20 years. hai income nation indeed what have they been doing? The statistics is not accurate at all. Do you know how many are actually paying tax and epf in Malaysia? Some without EPF have more than a million as FD or equity. |
|
|
|
|
Quote
0.0279sec
0.85
7 queries
GZIP Disabled