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Malaysia & Singapore Real Estate
Malaysia & Singapore Real Estate and Properties Investment Forum
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noed18
Azizi Ali
Joined: 24 Jul 2009
Posts: 159
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 Posted: Tue Feb 02, 2010 1:49 pm Post subject: Want to move EPF into UT, yes or no? |
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Told my Aus fren we (personal + company) every month contribute at least 20% into EPF, but still many people when they retire, their EPF wont last cuz it's really not that much that can give you the same life style with no additional active/passive income. He thinks 20% is quite a lot, comparing to other countries like UK, AUS.
He then worked backwards and realised, the main culprit is the crediting rate by our EPF. biggest fund in malaysia, but only crediting 5% average is really peanuts. As compared to an average joe in Aus, having their superannuation (EPF equivalent) compounding at 5% - 15% varying interest, many of them can live more comfortable when they retire in the future.
So now, problem comes. I know if someone put their EPF money into UT 1 year ago, last 12 months I would say they had a good run. So, now that the share market hovering at slightly below pre-crisis level, when people may still think the crisis not over, should I then still insist that volatility aside (retirement fund should at least have 10-15 years horizon), put my EPF money into some UT (still young, maybe can go aggressive).
Anyone care to share? EPF into UT? |
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Fernando Alonso F1 Champ
Donald Trump
Joined: 10 Oct 2007
Posts: 13493
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| Posted: Tue Feb 02, 2010 3:53 pm Post subject: |
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yes, the epf where i can dump into unit trusts, i whack..............KL Mutual 67% , Southern 33% .......
not to say the returns are that spectacular..........about 2 - 3% above epf punya rate.........been doing this for 7 years liao.....every 3 mths....
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"Dont change lifestyle! Change Government!!"
I mean Change the Barisan Najis govt !!!!! Dont get it wrong ! |
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noed18
Azizi Ali
Joined: 24 Jul 2009
Posts: 159
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| Posted: Tue Feb 02, 2010 6:41 pm Post subject: |
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| Fernando Alonso F1 Champ wrote: | yes, the epf where i can dump into unit trusts, i whack..............KL Mutual 67% , Southern 33% .......
not to say the returns are that spectacular..........about 2 - 3% above epf punya rate.........been doing this for 7 years liao.....every 3 mths.... |
That's wopping 50% more than the declared of average 5%, 
so I hear KL Mutual and Southern so far... any more lecommendation? |
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Fernando Alonso F1 Champ
Donald Trump
Joined: 10 Oct 2007
Posts: 13493
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| Posted: Tue Feb 02, 2010 9:26 pm Post subject: |
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can kira like that ?
i think if 2-3 % per annum better, in the end , the total better is also 2 to 3 % , no ah ?............ 
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"Dont change lifestyle! Change Government!!"
I mean Change the Barisan Najis govt !!!!! Dont get it wrong ! |
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noed18
Azizi Ali
Joined: 24 Jul 2009
Posts: 159
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| Posted: Wed Feb 03, 2010 9:29 am Post subject: |
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50% more is the interest portion only, ie. 8% is ~150% of 5% declared.
And always remember, Einstein said, Compounding is the most powerful tool!
for your past 7 years, you have enjoyed 2-3% higher return, imagine you can have that for the next 10 years.
Simple 5% versus 7% accumulation based on 100 from day one gives you 140 versus 160 at the end of year 7, that's 60% versus 40% total return. Take that and compound for another 20 years, WOAH!! |
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cucu
Milan Doshi
Joined: 22 Aug 2007
Posts: 4292
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| Posted: Fri Mar 05, 2010 5:11 pm Post subject: |
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| noed18 wrote: | 50% more is the interest portion only, ie. 8% is ~150% of 5% declared.
And always remember, Einstein said, Compounding is the most powerful tool!
for your past 7 years, you have enjoyed 2-3% higher return, imagine you can have that for the next 10 years.
Simple 5% versus 7% accumulation based on 100 from day one gives you 140 versus 160 at the end of year 7, that's 60% versus 40% total return. Take that and compound for another 20 years, WOAH!! |
20 years, did you take inflation into consideration???  |
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noed18
Azizi Ali
Joined: 24 Jul 2009
Posts: 159
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| Posted: Fri Mar 05, 2010 7:35 pm Post subject: |
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| cucu wrote: | | noed18 wrote: | 50% more is the interest portion only, ie. 8% is ~150% of 5% declared.
And always remember, Einstein said, Compounding is the most powerful tool!
for your past 7 years, you have enjoyed 2-3% higher return, imagine you can have that for the next 10 years.
Simple 5% versus 7% accumulation based on 100 from day one gives you 140 versus 160 at the end of year 7, that's 60% versus 40% total return. Take that and compound for another 20 years, WOAH!! |
20 years, did you take inflation into consideration??? |
Well, if keep in EPF, lagi worst, NO? |
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cucu
Milan Doshi
Joined: 22 Aug 2007
Posts: 4292
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| Posted: Fri Mar 05, 2010 8:15 pm Post subject: |
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| noed18 wrote: | | cucu wrote: | | noed18 wrote: | 50% more is the interest portion only, ie. 8% is ~150% of 5% declared.
And always remember, Einstein said, Compounding is the most powerful tool!
for your past 7 years, you have enjoyed 2-3% higher return, imagine you can have that for the next 10 years.
Simple 5% versus 7% accumulation based on 100 from day one gives you 140 versus 160 at the end of year 7, that's 60% versus 40% total return. Take that and compound for another 20 years, WOAH!! |
20 years, did you take inflation into consideration??? |
Well, if keep in EPF, lagi worst, NO? |
but i thought i read somewhere tat we can now buy a second home using epf $.......lu sudah guna?
keeping in EPF and kasi olang lain goreng......  |
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cmlee
Milan Doshi
Joined: 17 Nov 2009
Posts: 2217
Location: KL
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| Posted: Fri Mar 05, 2010 9:21 pm Post subject: |
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| I dont understand why buy UT? Say invest 1K, actually you are only invest 900... the balance is spent for this charge and that charge.... |
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cmlee
Milan Doshi
Joined: 17 Nov 2009
Posts: 2217
Location: KL
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| Posted: Fri Mar 05, 2010 9:22 pm Post subject: |
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| cucu wrote: | | noed18 wrote: | | cucu wrote: | | noed18 wrote: | 50% more is the interest portion only, ie. 8% is ~150% of 5% declared.
And always remember, Einstein said, Compounding is the most powerful tool!
for your past 7 years, you have enjoyed 2-3% higher return, imagine you can have that for the next 10 years.
Simple 5% versus 7% accumulation based on 100 from day one gives you 140 versus 160 at the end of year 7, that's 60% versus 40% total return. Take that and compound for another 20 years, WOAH!! |
20 years, did you take inflation into consideration??? |
Well, if keep in EPF, lagi worst, NO? |
but i thought i read somewhere tat we can now buy a second home using epf $.......lu sudah guna?
keeping in EPF and kasi olang lain goreng...... |
No... EPF only can pay for 1st house. Unless you sell the first house and buy second one. |
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FF
Milan Doshi
Joined: 30 Aug 2006
Posts: 2155
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| Posted: Fri Mar 05, 2010 10:00 pm Post subject: |
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EPF can buy UT? Next time I balik kampung must look into this seriously.
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noed18
Azizi Ali
Joined: 24 Jul 2009
Posts: 159
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| Posted: Tue Apr 06, 2010 10:06 am Post subject: |
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| FF wrote: | | EPF can buy UT? Next time I balik kampung must look into this seriously. |
Sure can, but they limit the number of funds. Cannot invest into high risk pure equity funds, some middle risk equity funds still OK.
Already started with my first drawdown for UT few weeks back. Over this period, I managed to breakeven for the 3% fees they charged.
Hopefully the market charge ahead to another peak before I shift them into money market to hide from big waves. The plan is to be semi-active between equity vs money market, and dollar cost averaging to try and get more out of the UT market. Surely the benchmark of 5.65% EPF dividend is not too hard to beat, consistently I hope  |
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