true also but...
most have kids to complete our perceived xyx...reponsibilities,
(social,familial, ancestor etc or else we go extinct...)

it shouldn't be if you just give what you can,
amount should not be of concern
is the thought put into action that matters, not just sweet talking.

very true most of us are richer than parents.
problem is when rich they forget their roots......

Dont forget your roots man.

Whoa, whoa, yeah
Don’t forget your roots, my friend
Don’t forget your family, yeah
Don’t forget your roots, my friend
The ones who made you
The ones who brought you here
Don’t forget your roots, my friend, yeah
Don’t forget your family, yeah

I have been forced into early retirement (age 58) by a combination of Covid-19 pandemic and a totally unrelated health issue.

My working life has been spent all over the world and, as a consequence, I have no personal pension but a reasonable pot of money to invest. At the moment, most of it is invested in PNB products and returning around 4% - which is enough to pay the bills but we would like just a little more, maybe 6%.

Any suggestions?

Just put into EPF. EPF giving 5-6%p.a
Unless you want to earn other country currency at 5-6%p.a but no capital protection.

One issue is EPF max RM60k/year so it will take 10 years for him to dump his fund all in even if only RM600k

Can talk to your bank r.m.


This post has been edited by icemanfx: Jul 31 2022, 12:34 AM

That's the worse solution. Bank RM only interested in selling products.

High yield bonds is not readily available elsewhere. Most privilege or premier banking r.m need to fulfill sale quoata. However, as a client need not take whatever they offer but choose what you want. Besides, one could shop around different bank for what you need.

i have Tropicana Bonds 7.0%
i bought cheap properties, rent can nett 10% or more
DRB HIcom Bond coming 6+%
B Islam Bond 4.85%

but you have much more openings as your wife earhtprince,
if for me i would have maxed out that privilege first

He is already doing it at PNB but as he mentioned at 4% its not exactly sufficient

"that privilege" would not earn just 4% only, i meant those others that can earn up to 16% eg units in bank rakyat etc..

Not easy to get those limited Bank Rakyat units even for bumi.

We have tried. No luck at all. We have maxed out my wife's ASB accounts and are substantially invested in ASMx Funds but the overall return across all funds is just a fraction over 4%.

Bank rakyat limited lah, it hasnt open for years. What others are there that are better than pnb?

as long as you have access to it, whack dont wait... used all kind of ways
just like how i whacked my Amanah Saham Fixed price units last time...if you go buy the normal way, tak dapat lah.
time doesnt wait, opportunity comes whack hard

as at May 2022, my cheap properties performance the best of all my portfolios
sold of few to take profit and avoid cost of transfer name next time...




Attached thumbnail(s)

This does not answer my question

the answer is there, only you didnt catch it,
give me the greenlight to buy that BR units, i am quite sure i have a way to buy it

hint:

1).....whack dont wait...
now no more , complain is too late..

2).. used all kind of ways ,,..if you go buy the normal way, tak dapat lah.,
same like last time when i got lots of ASX fixed price units,
others at the same time complained how come they coudnt get
(go read old ASX thread see how i got those huge units)

3...time doesnt wait, opportunity comes whack hard
just like those properties i bought, less than 10 yrs ago
can you get them now?

Its already mentioned that BR unit is limited and extremely difficult to get, not just by me but by other forumers if you scroll back.

So tell me, what other investment that earth prince get a so-called advantage that they can take on that gives better return than pnb?

I think many here want to know so please share.

This post has been edited by Lembu Goreng: Jul 31 2022, 03:36 PM

the question you persistently ask there more like you dont believe bumis have
better gomen provided opportunities than that lowly PNB 4%...

but you are asking the wrong person for bumi opportunities
as i am not one of them...

but i strongly believe if i am am a bumi,
my asset today would have doubled or even trippled what i have now,

do you get the message now?

Thank you for clarifying. So you say bumi have those opportunities but the reality is you do not know what they are and it is just a claim you made up.

Got it.

Just a claim i made up?

It is like i tell you jumping from 14 floor you can die,
you said i made it up and you need proof..
just how clever is that?

Hello @Lembu wake up,
dont pretend dumb you cant fool people in here.


Special opportunities for bumis is open secret
everyone in here knows, MattSalleh included.

Bumis have a head-start in so many areas,

that BR units paying 16% only for Bumi is proof enough right?
pretend stupid is not the way to extract more info from me.

From schools (boarding,MARA),exams, Matrik vs STPM, scholarship,
job, promotion, business, licences , permits ,loans, IPO equities,
housing, ASB, ASM, etc...heck even tax also got special,
they can choose not to pay tax......

"While every working adult (includes business persons) is assessed on their annual income to see if they have taxable income, the Muslims may opt out of paying income tax even if they have taxable income. YES!! U read that correctly......."



i pay donations it is Tax RELIEF, they pay donations it is TAX REBATE.

You must be blind not see that.


"... action in Malaysia covers not only higher education but also land reservation, quotas in public service, licences, permits, scholarships and grants. The most glaring inequity is seen when Bumi can buy houses costing more than RM1 million and still claim a discount from the market rate...."



"... A tax rebate is a reduction in the actual amount of income tax you have to pay – unlike tax reliefs, which merely reduce your chargeable income amount. Furthermore, the cap on the amount of tax rebate you can claim for zakat is subject to the maximum of tax charged......."