Im invested in bursa, i wouldnt withdraw out any money for epf cos even if u put into US ETF, u can still lose money, epf for me is insurance/hedge, in case all my investment fails, i still have 7 figures for retirement based on my current salary, and i say this as a person with 20% CAGR on my porfolio, sad thing is, those that need to withdraw out money to cover daily expenses are the ones that really shouldnt withdraw, but they had to do this as its kinda a 'populist' move
EPF is one of the best deals out there - a "bad decade" for the S&P500 may not even yield 5%, and then there's forex and transaction costs, plus EPF has a floor of 2.5%. I just hope the EPF team can sustain this performance into the future.
manage to able to withdraw nearly 50% during error on split minute right before new system "acct 3" activation, and reinvest into NVDA and close position today with profit on waiting for an opportunity swing due to coming Feds meet tomorrow...so lucky and will reinvest back into acct 1 once achieve 200k
i could only transfer rm1000 to my account 3 since i have less than rm3k in my account 2. however, I'm still a student and those money came from my part time job. so in the end I decided to withdraw that 1k and bought some etfs with them after watching a lot of your videos😜
Is there any downside for transferring max existing funds from account 2 to account 3 before the due date? The only difference is acc 2 we can't withdraw and acc 3 we can right. So why wouldn't someone just move the max from acc 2 to acc 3? Thanks!
I think the main downside is that funds in Account 2 are typically meant for specific purposes like education tuition fee or housing/mortgage, which might not be accessible from Account 3.
So when I deposit into my own EPF account, it will go into account 3 only? or will automatically distribute across account 1 account 2 and account 3 in terms of 75 % 15 % 10 %?
Hmmmmm, abit hard to answer as its borderline “financial advice”, but I guess you already know the answer yourself Just be mindful the savings in EPF (akaun 1) has withdrawal age requirement
Hi, you can do it with IBKR since they accept residents from many countries worldwide! Check them out here: www.interactivebrokers.com/mkt/?src=zietPY2&url=%2Fen%2Fwhyib%2Foverview.php%3Fnored%3Dt
Is the account 3 still getting the same dividend with the same account 1 & 2? Cause account 3 is like a liquid account and how on earth is EPF going to invest using account 3 to give their stakeholders the same dividend like account 1 & 2?
Will you withdraw from your Account 3?🤔
Looking forward to it.
The conventional EPF dividend is fearly speculated to be eventually be dwarfed by the Syariah EPF for the sake of reputation .....
@@stevenlee4099 So far it has not been the case though...but will be interesting to see
I would rather withdraw out my EPF as much as I can to invest in S&P 500 ETF with much higher returns
Withdraw then all in VUAA or NVIDIA 🤣🤣
Im invested in bursa, i wouldnt withdraw out any money for epf cos even if u put into US ETF, u can still lose money, epf for me is insurance/hedge, in case all my investment fails, i still have 7 figures for retirement based on my current salary, and i say this as a person with 20% CAGR on my porfolio, sad thing is, those that need to withdraw out money to cover daily expenses are the ones that really shouldnt withdraw, but they had to do this as its kinda a 'populist' move
Fair enough! And thank you for chipping in!
Yes yes yes, EPF vs CPS. I love how you explain this new EPF system and I'm not gonna touch mine after the pandemic
Ok!! Let's do that!
I still remember my economic textbook written government should reduce the money flow in market to deal with inflation.
And...let's do the exact opposite for now...
Would love to see the EPF vs CPF, keep them comin' 💪🏻👍🏻
Will add that into my to do list!! Stay tuned for that!
EPF is one of the best deals out there - a "bad decade" for the S&P500 may not even yield 5%, and then there's forex and transaction costs, plus EPF has a floor of 2.5%. I just hope the EPF team can sustain this performance into the future.
EPF is indeed a great option for our retirement savings with its guaranteed floor rate!
watching this video as an issue for my assignment and it was so informative, i learnt so much. thanks!!
Glad it was helpful!
This the stuff people should be learning
Thank you so much for such a nice comment!
manage to able to withdraw nearly 50% during error on split minute right before new system "acct 3" activation, and reinvest into NVDA and close position today with profit on waiting for an opportunity swing due to coming Feds meet tomorrow...so lucky and will reinvest back into acct 1 once achieve 200k
I worry that now more money is circulating in the market, inflation will go boom boom 🔼 so do opr in coming months 🥶
That's part of the plan to..."stimulate" the economy ;P
Would love to know the difference between EPF and CPF. Especially how much CPF brings in yearly, overall funds they have and what they invests in.
gotcha! let me work on it
Hi Ziet ; thank you much on how you explains EPF
Hello samba! No problemossss, so happy to see you again☺️
EPF vs CPF please ❤
Ok!🔥
Hey, can you do a video comparing the performance of snp500/dow jones (including dividends re-invested) vs physical precious metals?
i could only transfer rm1000 to my account 3 since i have less than rm3k in my account 2. however, I'm still a student and those money came from my part time job. so in the end I decided to withdraw that 1k and bought some etfs with them after watching a lot of your videos😜
Oops🤭🤭
So the EPF investment strategy works more like a mix between the CPF and Temasek holdings approach?
well presented!
Thank you so much!! Please do check out our other videos too
Working in sg,im managing my own EPF in my US stock 😂
😂😂😂 naise hahaha
Would appreciate if you could compare epf and cpf for ppl who work in SG like me 😂
Woooo ok!! It's now in my to-do list! Please subscribe and stay tuned!!
Is there any downside for transferring max existing funds from account 2 to account 3 before the due date? The only difference is acc 2 we can't withdraw and acc 3 we can right.
So why wouldn't someone just move the max from acc 2 to acc 3? Thanks!
I think the main downside is that funds in Account 2 are typically meant for specific purposes like education tuition fee or housing/mortgage, which might not be accessible from Account 3.
So when I deposit into my own EPF account, it will go into account 3 only? or will automatically distribute across account 1 account 2 and account 3 in terms of 75 % 15 % 10 %?
Hey, yes, it will go into all the account according to the %.
im a foreigner , not every company pays epf for me , i have decided to withdraw accnt 3 and invest in US ETF , wat do youll think ?
I see, it's up to you because retirement savings and ETF investing are 2 different assets in nature - different risk to reward ratio!
Since I have more money in EPF should I take my money from ASB transfer it to EPF for better compounding effect? Plus, EPF return is better
Hmmmmm, abit hard to answer as its borderline “financial advice”, but I guess you already know the answer yourself
Just be mindful the savings in EPF (akaun 1) has withdrawal age requirement
Akaun asb2 dah penuh belom?penuhkan dulu rm200k😂
I depleted all my money 🤑. Kayalor me. Haha..enjoy ur life bro while can bro!
Haha! Aiyo, keep some in savings too lah xD
Hello
May I know how can I invest in stocks or other investment here in Malaysia as an expat
Thank you
Hi, you can do it with IBKR since they accept residents from many countries worldwide! Check them out here: www.interactivebrokers.com/mkt/?src=zietPY2&url=%2Fen%2Fwhyib%2Foverview.php%3Fnored%3Dt
Would it be less dividend if we transfer to account 3? Or better to save it under account 1 and 2?
6:40 answer by Ziet
Dividends are the same for all accounts
Actually make not much different, if you have >1m in epf, you can withdraw anything >1m anytime
That's true (but not everyone has >1m 👀)
Have anybody told u look like Tom Lee!😅
Oh this is a first to me HAHA!
Too big to manage.. so they open acc3 , so people can spend..
They should have allowed withdrawal from account 1 to 3 too 😂
wui jangan... hahaha
Is the account 3 still getting the same dividend with the same account 1 & 2?
Cause account 3 is like a liquid account and how on earth is EPF going to invest using account 3 to give their stakeholders the same dividend like account 1 & 2?
It's the same as mentioned in the video
thank you eric!