Malaysia Financial Blogger | Financial Freedom Ideas | imDavidLee.Com

How To Invest Public Mutual Fund Using EPF?

At first, I would like to take this opportunity to say thank to my friend who is also Malaysia’s Public Mutual Agent as he provides this kind of EPF investment information for me to share with you all.

For those of you who have not invested in unit trust using your EPF, it’s time to invest. EPF themselves uses OUR money to invest in funds to earn returns to pay contributors smaller dividends. Last year 4.5%. Where else if you invest directly into unit trust you can earn between 10-12%.

As I known, this new investment scheme started since 1st February 2008, all investor can invest but not more than 20% of their savings in EPF account 1. This kind of investment only allows investing once for every 3 months and minimum investment is RM1, 000.

How To Apply?

1) Photocopy of your NRIC (both side)
2) Fill up KWSP investment form with some personal details
3) Fill up mutual fund companies investment forms.

What Fund Can You Invest?

All funds that has approved by EPF:

i. Public Regular Savings Fund (PRSF)
ii. Public Index Fund (PIX)
iii. Public Islamic Equity Fund (PIEF)
iv. Public Islamic Balance Fund (PIBF)
v. Public Islamic Sector Select Fund (PISSF) - CLOSED
vi. Public Sector Select Fund (PSSF) - CLOSED
vii. Public Select Bond Fund (PSBF)
viii. Public Money Market Fund (PMMF)
ix. Public Islamic Money Market Fund (PIMMF)
x. Public Islamic Select Treasures Fund (PISTF) - NEW!!!

How Much You Can Invest In EPF Approved Unit Trust Fund?

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Know The Basic Rules of Paypal Before Making Online Purchase

I have received an email from my reader who asked me about online buying stuff. He asked me whether still could contact Paypal or Western Union get back the money if the item was not received or shipped by seller.

Based on my understanding, i think the person need to lodge a complaint to PayPal within 30 days. If they investigate and find it is true, then you should get back your money. BUT with the condition ONLY IF the seller has not withdraw money out of his account! So, PayPal is NOT 100% safe for buyers.

How Does Paypal Works?

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Why Malaysia Bank Fixed Deposit Higher Than Other Country?

The ringgit is likely to depreciate against the US dollar this week. As of Friday, the ringgit was trading at MYR3.50/US$1 if compared to last 2 week was MYR3.46/US$1. This same happened to MYR/SG$.

Calculate Fixed Deposit Rate Should Be Based On Currency Rate

As a comparison, if you deposit RM1, 000 into Malaysia Fixed Deposit Account, you might be able to get return of 2.5% per annum (current FD rate) while Singapore banks offers around 1.5% per annum for Singapore dollars, it might sound like a very good deal to convert all your Singapore dollars to Malaysia Ringgit, then deposit into Malaysia Fixed Deposit Account, right?

You should do some careful calculation and consider about the factor in currency depreciation. As everybody known, Singapore dollar has traditionally appreciated against the Malaysian Ringgit. From Jan 2008 to May 2009, SG$1 has risen from RM2.30 to RM2.40, a 4.34% increased.

Lets Take My Example:

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Best Way To Increase Blog Traffics Using Twitter

Recent report shows that social networking site is now more popular than email. I have done my findings and noticed that Twitter has a skyrocket growth recently. It has high Alexa ranking which is #48. (replaced Facebook position, Facebook ranked #48 previously, #4 currently). Facebook is the most popular network around. Between Facebook and Twitter, you can build quite a following.

Twitter, is a popular Web 2.0 client and it has many usage. It allows you to discuss topics to others, throughout the day via Twitter. Thus, it can be a useful tool for your business or as a way to promote your blog or website.

How To Get Targeted Traffics With Twitter?

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Sukuk Simpanan Rakyat With 5% Fixed Guarantee Return

A bit late for me to update this type of investment scheme, but this information could help you in future. As everybody known, global economy crisis had hit the bank fixed deposit interest rates dropped to 2.5% or below. However, it’s good news to public because Sukuk Simpanan Rakyat was launching new units during this 2nd quarter of the year.

How Much I Know About Sukuk Simpanan Rakyat?

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