KWSP

Several years ago, a study was done by the Employees Provident Fund (EPF) on the storage bill.
The study found that 70 percent of their retirement (age 55) is able to support their daily life with the money savings for three years from their date of retirement.
This is a fact that is so scary. This is where we also find that many of those who have retired have to work again.
Imagine if when we are in good health after his retirement savings when the money has been used. Certainly we will be faced with a very dark future after retirement.
Most of us are depending on hope for savings as one of the funds that will provide daily spending money when we retire.
Retirement, we can also supply from other sources such as:
* A savings account / fixed deposit account
* Board of pilgrimage affairs of the fund
* The unit trusts nationally
* Money collected from the rental house or office
* Wang courtesy of the children
The EPF and government contributors acapkali-advised bill that did not withdraw their savings as they please while still working.
However, what is sad many pensioners or contributors to use their savings to investment risk without sufficient investment knowledge.
If a mistake is made savings arrangement that is collected for this is useless.
The question of who will be playing in our minds is how to properly invest the savings in financial schemes such as Unit Trust (Unit Trust), Unit Capital Guaranteed (Capital Guarantee Funds) or others.
Some facts that we need to know is, contributors under age 55 may withdraw their savings from Account 1 (if they have a fund reserve a minimum of RM 55.000) to be invested in unit trust investments of the Fund approved by the panel.
Minimum investments can be invested in unit trusts is RM1, 200. But if we want to invest our money in accounts managed by the management, minimum investment is RM25, 000 upwards.
EPF STUDY bill that nearly 70 percent savings only lasted three years after retirement.
Once we make an investment, we need more time to see that the counters will be invested in units profitable.
For that, we need to know to buy the units when the share price is down and sell the units when prices surged higher.
With the current challenging economic situation, to wait for the price of units rose to the level of profit, will take a long time.
Only by making the sale-purchase at a good time, the secrets of making profits in the unit trust.
But, do not forget because of the age of 45 years and above, if you make a mistake it is a very big mistake that could affect your future.
In addition, most investment in unit trusts put the high initial cost.
Another fact about the investments made by the unit trust, is that we need to give time for 10 to 15 years to see higher profits and satisfaction.
Therefore, in my opinion as a financial planner, if the time is the most important fact in our investments, we should always observe the prices of unit trusts for the benefit immediately.
However, if you are not smart in the investment business better focus on the science of investment profusely in advance.
If not, better leave it alone savings that they generate a consistent return. What is most important is that we save money in the EPF is safe.
If you're still tempted to do investment in unit trusts, let me advise concept - adding money money (money makes money) is implemented.
How? One of the best ways is, at the end of the year when we get a dividend, a dividend from the National Trust or the Managing Board or the Tabung Haji FD mature, do not put back.

KWSP..Smart retirement

Smart retirement by investing in Unit Trust EPF

Today I gathered the usual 3 questions asked and issues raised by potential investors. Please give it all for you!
What qualifications do I invest?
Investors must meet the following conditions, namely:
1) You must have attained the age of 55 years on the date the application is received by the EPF
2) The total savings could be invested must be not less than RM1, 000.00 and not more than 20 percent of total deposits in excess of the amount of basic savings in Account I.
3) investments can be made every three months from the date of final transfer is made, subject to savings in Account I.
How do I apply?
You may contact Public Mutual Unit Trust consultant to prepare the documents below:
1) Copy of identification card (with the stamp of the right thumb and left on the copy)
2) complete Form KWSP 9N (members)
3) Public Mutual Form EPF investment
I get an annual dividend from EPF. Why do I have chosen to invest into another unit investment?
In contrast, unit investment trusts provide higher annual returns than EPF. As the example below:
EPF returns :2005-5%, 2006-5.15%, 2007-5.8%
Public returns Ittikal: 2005-7.24%, 2006-12.91%, 2007-46.13%
After all, we should be concerned about the rate of return on our savings? Money savings in the EPF is not be issued again until I reached the age of 50 years. So will not want to miss the opportunity to invest in other instruments more profitable? Imagine if you have RM30, 000 and make a deposit into a savings of 2 types of EPF and the Unit Trust. Within 25 years the total savings in the EPF to RM205, 500 (estimated return of 8% per annum) but the total savings in the Unit Trust to RM2, 861.886 (approx 20% returns per year). See the difference amounting to RM2, 656.386!

KWSP saving

EPF SAVINGS THROUGH INVESTMENTStill many are not aware that they are also eligible to investors via the EPF Members Investment Scheme. Under this scheme, you are eligible to invest part of your savings institutions was among PUBLIC MUTUAL BHD.
Under this scheme, members are allowed to invest 20% of the balance in excess of the amount in the account base 1 (as the table below). The minimum investment is RM1, 000.00

TOTAL DEPOSITS TABLE 1 BASIS OF THE ACCOUNTS

 Age

 Basic Savings

 (RM)


 Minimum Balance
Eligible investments (RM)Age

 Basic Savings
(RM)Minimum Balance
Eligible to invest (RM)
 18 1.000 6.000 37 34.000 39.000
 19 38 37.000 42.000 2.000 7.000
 20 3.000 8.000 39 41.000 46.000
 21 4.000 9.000 40 44.000 49.000
 22 41 48.000 5.000 53.000 7.000
 23 42 51.000 56.000 12.000 7.000
 24 43 55.000 60.000 13.000 8.000
 25 44 59.000 64.000 14.000 9.000
 26 45 64.000 69.000 11.000 16.000
 27 46 68.000 73.000 12.000 17.000
 28 47 73.000 78.000 14.000 19.000
 29 48 78.000 83.000 16.000 21.000
 30 49 84.000 89.000 18.000 23.000
 31 50 90.000 95.000 20.000 25.000
 51 32 22.000 27.000 96.000 101.000
 33 52 24.000 29.000 102.000 107.000
 34 53 26.000 31.000 109.000 114.000
 54 35 29.000 34.000 116.000 121.000
 55 36 32.000 37.000 120.000 125.000

Members are eligible to invest can make withdrawals every three (3) months.
for example, if you were to withdraw the first time on March 1, 2008,
you can withdraw the second time three months later, on
or after June 1, 2008 provided that the remaining counts are still eligible for
invest.
Investment Guidelines
The members are eligible to apply if their

    * Has 1 account balance exceeds the base by
    * The above table
    * Ss year-old does not exceed
To find out whether you qualify;

    * Check your EPF account statement added
    * Check your balance if you are a registrar www.kwsp.gov.my i-Account
    * Get the latest statements at any EPF office near you
    * Write a letter to the EPF office to know the current balance

 
After a recent statement and Say, contact your consultant at
019-9044003 to fill out the form, and fingerprint and beyond.
Earlier investment is better
better returns, the aged,
the smaller opportunity to invest
In this EPF scheme.
Imagine that your investment returns exceed
15% per annum compared with the returns
EPF dividend is only about
4% to 5.5% per annum.

 
Shariah funds are eligible for EPF investment scheme is;

    * PIDF, Public Islamic Dividend Fund
    * PIBF-Public Islamic Balanced Fund-

 
FUND PERFORMANCE 2007

 FUND 1 Year 2 Year since it was launched
 PIDF 36.98% 62.31% NA
 PIBF 22.93% 47.76% 47.82%
 EPF 5.15%