published today...

Politics in Malaysia is expected to blunt economic growth for the next decade, predicts financial analyst Fitch Solutions.

Combined with slower population growth and reduced fiscal space to cushion against negative future economic shocks, Fitch predicts real GDP growth to be at just 3.4 percent over the next 10 years compared to 6.4 percent over the past decade.

https://www.malaysiakini.com/news/544600

at this 4% rate, I would add into sspn first for the tax relief n the ease of "able to get units".... But then hopefully can still get 4% next year for sspn.... Same as hopefully 4% too for tis happy n satisfied to have fund.

Since I am above 55, I target kwsp first n my spouse near 50 also priorities kwsp over other govt guaranteed stuffs for our 1st rm60k.

This post has been edited by yklooi: Oct 1 2020, 08:47 AM

If that has any relationship.... They would hv given higher epf rates in Feb 😂😂

i maybe wrong in this thinking,...
i think the rate of dividend does not have high correlation with the market performance of the markets....
for the income distributions declared by these funds are derived from the funds’ realised gains, dividends and other income....

it is up to the boss in there with the stake holders that sit in the board to decide on how much $$ they wanted the realised gain to be to be given out as dividend....(even if the market is very good, they have the control to determine how much gains they wanted to realise....in the end those unrealised profits/gains that are still being held is not counted)

just like EPF rate too....

With that, I only can think of epf,...
But with that accumulated amount, if the expenses n commitment are not high,... 1-2% less than that should not be a problem too... Then sspn is OK too
Only if when can add some risk, then more investment possibility

i don't have 1 mil inside EPF,...i think i can also take out anytime and deposit max 60k per year....
i am > 55 or > 60

Self contribution category looks very/is possible....
Check kwsp website for details of self contribution


This post has been edited by yklooi: Sep 4 2021, 03:22 PM

Are you privately employed (not by govt)?
Are you still mandatory required to contribute to EPF from your current employment?

This post has been edited by yklooi: Sep 8 2021, 10:38 AM

Thanks for the tips and
In Sept last year it was mentioned