Comments on: 5.8% EPF dividend is UNFAIR http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/ Tanjong Thu, 21 Aug 2008 19:09:52 +0000 http://wordpress.org/?v=1.5.1-alpha by: silvercoin http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-487 Mon, 10 Mar 2008 07:35:45 +0000 http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-487 i am happy as all malaysians, our hopes are beginning to come back, You would be very busy now in this transition period, thank you chow and your fantastic team thank DAP i am happy as all malaysians, our hopes are beginning to come back,
You would be very busy now in this transition period,
thank you chow and your fantastic team

thank DAP

]]> by: YSH http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-477 Fri, 07 Mar 2008 12:40:57 +0000 http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-477 <acronym title="北海出现大字报：投火箭再转变，华裔首长会不见。加个不字，投火箭再转变，华裔首长不会不见！！"> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong></strong></strike></i></em></code></blockquote></b></acronym>

]]> by: silvercoin http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-453 Sun, 24 Feb 2008 10:32:13 +0000 http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-453 Ever wonder what happen to the call for investing your epf into unit trusts by so call investment consultants or whatever fancy names. and now what had happen to that drive, it had died down or what? and who are these agents who said that they have gomen approval for the withdrawal. what farce the gomen changes the rules to their whims and fancy. The Kemaman off shore wells had dried up or what? Ever wonder what happen to the call for investing your epf into unit trusts by so call investment consultants or whatever fancy names.
and now what had happen to that drive, it had died down or what?
and who are these agents who said that they have gomen approval for the withdrawal. what farce the gomen changes the rules to their whims and fancy.

The Kemaman off shore wells had dried up or what?

]]> by: lee wee tak http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-414 Mon, 28 Jan 2008 18:23:20 +0000 http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-414 EPF is now being used as an instrument to pump up the Kuala Lumpur stock exchange and property market, at the expense of future well being of the contributors. In the meantime, Bank Negara can boast of strong consumer spending trend. We can now withdraw the EPF to buy unit trust and pay for housing loans. Look at Singapore, many people took their CPF to pay for houses (and presumably they spend the rest of their salaries on daily expenses and perhaps leisure) hence when they retire, they have no savings. I urge everyone to use their disposal income first (salary less EPF and tax) to pay off their basic committment (housing and car) and refrain from touching their retirement fund. 5.8% is way below real inflation rate but how can we improve the returns of own contribution? The first step is to ensure EPF disclose their application of funds, not unlike those unit trust annual reports that tell us which shares their purchased. It would make interesting reading on the part of EPF loans.... EPF is now being used as an instrument to pump up the Kuala Lumpur stock exchange and property market, at the expense of future well being of the contributors. In the meantime, Bank Negara can boast of strong consumer spending trend.

We can now withdraw the EPF to buy unit trust and pay for housing loans. Look at Singapore, many people took their CPF to pay for houses (and presumably they spend the rest of their salaries on daily expenses and perhaps leisure) hence when they retire, they have no savings.

I urge everyone to use their disposal income first (salary less EPF and tax) to pay off their basic committment (housing and car) and refrain from touching their retirement fund.

5.8% is way below real inflation rate but how can we improve the returns of own contribution? The first step is to ensure EPF disclose their application of funds, not unlike those unit trust annual reports that tell us which shares their purchased. It would make interesting reading on the part of EPF loans….

]]> by: Jeffrey Chew http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-412 Mon, 28 Jan 2008 00:18:23 +0000 http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-412 YB All I say is this - bring the elections on! I think it's time. I will walk with you and many others. Can't believe the press is now shifting gears to attack DAP and others. YB
All I say is this - bring the elections on! I think it’s time. I will walk with you and many others. Can’t believe the press is now shifting gears to attack DAP and others.

]]> by: k t teo http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-411 Thu, 24 Jan 2008 12:28:42 +0000 http://chow.blogsome.com/2008/01/22/58-epf-dividend-is-unfair/#comment-411 EPF has always been a cheap form of capital for the government. They use the money to make money and in return throw only bread crumbs back to its contributors. As a contributor myself, I have asked what can the EPF do for me as far as my retirement plans are concerned? With the rising cost of living, how can the EPF provide me with a comfortable retirement which is due in one year's time? This amounts to cheating the people of Malaysia, painting a mirage for all to belief that the EPF would be sufficient to support them in their golden age. EPF has always been a cheap form of capital for the government. They use the money to make money and in return throw only bread crumbs back to its contributors. As a contributor myself, I have asked what can the EPF do for me as far as my retirement plans are concerned? With the rising cost of living, how can the EPF provide me with a comfortable retirement which is due in one year’s time?

This amounts to cheating the people of Malaysia, painting a mirage for all to belief that the EPF would be sufficient to support them in their golden age.

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