07Nov Oil price hits US$60 and automatic reduction in EPF contribution
The world oil price has been quite a yo-yo of late. As of this morning, it was reported that oil price is now at US$60.77, an all time low since March 2007. Markets around the world are also falling. Our KLSE is no different, as a quick check on the top counters today revealed most [...]
06Nov Would you contribute less to EPF?
With the latest proposal by the Government that employees can now opt to contribute 8% of their salary towards their EPF account versus the current compulsory rate of 11%, would you care to contribute the lesser amount? If you are keen to contribute less and therefore have more income in hand, I hope it is [...]
03Nov Stocks that EPF invests in
Do you know what are the stocks that EPF invests in? I don’t and I’m glad to see an article in this week’s The Edge that shows some of the major stock holdings of the EPF on our local stock exchange. Here’s how our money in the EPF is invested:
I’m sure this list is not [...]
29Oct EPF housing installment scheme not as attractive as it seems?
In recent years, government made a move to allow house owners to withdraw funds from EPF accounts not only as downpayments for a house, but also to pay the monthly installments on housing loans.
I have read some opinions that the latter’s scheme is not as attractive as it was made to sound. The process to [...]
