got each time send documents meh o.O
i've only sent 1 time so far jz to open accounts... lol

each time u wanna invest into epf need to post to them

This post has been edited by DarReNz: Oct 16 2012, 04:16 PM

I dun touch my EPF...I only do cash investments. Everything by e-mail, not much trouble.

aaah ok... no wonder... me and pink oso same same. cash...

besides, epf investment only can do very seldom as they have limitations... minimum amount in account 1 and also one withdrawal per 4 months only

er.. it's once in 3 months can withdraw from EPF A/C1
and the "minimum amount in account 1" is easily hit lar (and i'm an average income earner)
+
If U think such are limitations and letting EPF take care of everything, it's fine & dandy
However, IF the BULK of your retirement $ is handled by ONE body/person... not worried meh? Especially with all the shenanigans happening

Just a thought - no right or wrong yar

Wong Seafood,

EPF withdrawal for investments, also cannot go in our own pocket, when u withdraw, have to go back into EPF what?

EPF is required by law to maintain a minimum dividend payment per year, means theoretically our EPF savings cannot make a "loss".

Off topic a while, what about cash dividends received when we buy SHARES using EPF withdrawal scheme? Do we get the cheque? Or it will go back into EPF?

EPF withdrawals for investments go back to EPF IF U SELL. U can always SWITCH right?

True, EPF "cannot" make a loss with minimum 2.x%pa dividend (i forget the minute details).
However, 2 things bother me (it may be just me - i'm a bit of a control freak ):
1. In the long run (EPF is LOOOOOONG run mar - cant touch a/c1 until we retire or quit the country),
EPF's average 5%pa+/-
VS. a so-so equity fund 8%pa... hm.. i prefer the later please.
Add to the fact that i can "sai lang" with my accumulated EPF $ held in bond funds when (NOT if.. it's just a matter of when ) equity market goes to hell.

2. Less % of my retirement $ is directly involved some "funny" loans to the politicians/Gov
Coz in PM + Amera/HLeB mar UNLESS EPF force everyone to sell and put back $ lar. IF that happens.. game over man, game over. MY will be the next Zimbabwe.

Hey - no "cash flow impact" investing
Good way to "excercise" / "train" one's mutual fund investing BEFORE going gungho with cash.

Just a thought - no right or wrong yar

er.. cash dividends?
Never took such option wor and logically, if available as an option, it will go back into our EPF A/C1
As for my Amera/HLeB - cash dividends goes into my "cash a/c" which i use for buying KLSE stocks, not back to EPF

This post has been edited by wongmunkeong: Oct 16 2012, 09:40 PM

Can u withdraw that money? Or it must go back into EPF A/C 1?

heheh - no U can't (withdraw cash into your pocket).
Though i found something interesting which U may find useful for your Asset Allocation
PM me if U are curious - i don't think it's right to put it in public though it's OBVIOUS to investors in KLSE. Just in case lar.

Sorry ar mods - serong / off-tangent from "normal" mutual funds a wee bit.

lol, i have not hit that amount in my account 1 yet lor.... =/ just checked last month.

i oso targetting to put into unit trust soon a considering that EPF is using some of our money to invest into FGVH (Felda)... diversification is important

Is it encouragable to purchase PM funds now?

Dont mention bout stocks, im still young and inexperienced. My target is 6-9% per year, and i am willing to lock ~20k for 5 years to see results. But most reviews on ut are bad, and it did influenced me. at the same time i did put quite some money in ASG, and provided the steady dividen of 7% still happens, is it advisable to pump in the 20k there or put in other ut like PM?

Which fund you are interested in PM?

For me, if bond fund.. i will do lumpsum. Equities, will do by few stages...

u all do know that in EPF u get lower than what was announced due to pro-rated and yeah quite dangerous to leave it to just to EPF as anything can happen after election and our $$$ can be gone

The 2% statutory minimum payout, lose to inflation, yes.

But I doubt our "principal" can be gone. IF that happens, Malaysia is a gone case, "Malaysian Spring" surely.

EPF statutory minimum payout is 2.50% - FYI :-)

yea which is still less than even the fd rate lol

Anybody work in spore before? I just curious their epf giving average how much payout? Or none?

I only know their savings and FD is very very low interest rate..

If I not mistaken, Singapore CPF is 3.0%

This post has been edited by aronteh: Oct 18 2012, 09:14 PM

Singapore lower inflation, and their currency is stronger, thus they can live with lower interest rates/dividend yields.

How about hong kong bro?