Malaysia EPF 6.3% interest!!!

VEF888

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ts ah ts,
do you understand what is risk free rate? and currency depreciation/appreciation?

i have news for you, the one in india is :
https://www.bajajfinserv.in/investments/nps-interest-rates

The current NPS (Nation Pension Fund)interest rate ranges between 9% and 12% per annum (as of 2024), making it an appealing long-term investment option for a comfortable retirement.
 

alpha_beta

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https://www.freemalaysiatoday.com/c...away-by-strong-dividend-rates-says-epf-chief/


SHAH ALAM: EPF has cautioned the public not to get carried away by the 6.3% dividend payout announced today for both its conventional and shariah accounts, the highest since 2017.


The total payout for both accounts amounted to a record high RM73.24 billion, or RM63.05 billion for conventional savings and RM10.19 billion for shariah savings.

“It’s very easy to get caught up with the strong market growth,” EPF CEO Ahmad Zulqarnain Onn told reporters after the yearly dividend briefing at its headquarters here today.

“We must understand that the market will go up and down, and we must anticipate it.”

menswile in a nearby kuntry which accounts for 30 of d worlds highest payed politicians ......

:s22: :s22: :s22: :s22: :s22: :s22: :s22: :s22: :s22: :s22: :s22: :s22:
 

skylink67

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Most of their EPF depleted during Covid since their gahmen allow them to withdraw. Give them whatever percentage also no use.
 

Auzz777

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How come Cpf here only 2.5%?
You want 6.5% interest or your principal sum ? The high interest is to keep you from withdrawing because they don’t have money for you to take out. Najib spent everything already.
 
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