anybody planning to withdraw rm500 from epf every month to put into stashaway?

Anybody plan to withdraw RM 1500 per provider from PRS Account B/II and all in to SAMY?

Have to key in all the buy orders, how many shares and prices at the time of buy manually

need to also key in the selling date during the re-optimization ?

luckly i have download and keep the statement from start, so all i have to do is to follow the statement buy and sell and it will tally am i correct ?

Not sure about the selling part, cuz my portfolio hasnt been sold yet when rebalancing/ havent withdraw.

I usually follow the transaction module for buy orders details.

thanks storm for the feedback, helps alot. i'll just try and key in the data according to the statement and see how it goes.

Me! LOL

Dun have PRS. only have EPF and can only withdraw RM500 per month x 12

nah. keeping it for retirement.

me since 1 year of RM500 monthly wont affect much of my EPF, and acc 1 has more so why not

oh its taking from account 2, is it?

Of course.

i did apply for RM500 epf withdrawal, also did full withdrawal on 10 Apr from SA

If you can get better returns from investing the RM500, would be better tho.

returns from my own investments are not guaranteed but returns from EPF guaranteed lol

not touching mine for retirement as well haha. But I'm a very low risk person

leaving it in epf, it is guaranteed at least 2.5%, so your investment will be in RM.

Withdraw it and invest in say, SAMY, it will be in USD (stronger currency perhaps?) no guarantee on its return, it may go into negative territory. However, during any downturns, the US equities will perform the best compared to any other class of investments, this has been proven historically.

If you still have a long way to go, say, 20 or 25 years to retirement, why not diversify a little, invest some in USD term and not just RM. I believe the ETF SAMY investments will yield good returns in the longer term too.

This post has been edited by tehoice: Apr 16 2020, 05:03 PM

33 years to retirement (age 65). For me I do diversify, but using money from my salary and investments, not EPF. Personally I try to achieve my financial target outside of EPF without using money contributed into EPF. For me EPF money, no touchy touchy . Just my opinion though.

Everyone has their own plan and goals. So we respect your decision.

If you think its good for you, whatever you want to do, just do it. If it works, sendiri untung, if it doesnt work, sendiri tanggung lmao

only i can say for malaysia stock market,
most of the volume from retailer .

This post has been edited by djhenry91: Apr 16 2020, 07:53 PM

Looks like its going red again today. Unemployment report. 5.25mil LUL