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.