EPF New Basic Savings Effective January 2014

EPF New Basic Savings Effective January 2014

To Ensure Members’ Retirement Well-being

 

The Employees Provident Fund (EPF) today wishes to remind members that the revised Basic Savings will take effect on January 2014. The new quantum will set RM196,800 as the minimum amount members should have in their EPF account when they reach the age of 55.

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2014 First Term Training Schedule

How EPF makes money for dividend payment

Published: Saturday November 23, 2013 MYT 12:00:00 AM
Updated: Saturday November 23, 2013 MYT 12:45:20 PM

How EPF makes money for dividend payment

by jagdev singh sidhu

IT’S probably the one dividend rate most Malaysians will scrutinise. The rate will be dissected, debated and then the verdict from the people will be whether it’s satisfactory or poor.

That single dividend is what the Employees Provident Fund (EPF) announces yearly. Last year’s 6.15% was the highest in a decade but the challenge that the EPF faces is how to keep that going.

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Challenges Ahead.......

4-step method to overcoming challenges

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Press Statement from Bank Negara on 18 Oct 2013...........

Bank Negara Malaysia (BNM) announces today the introduction of a new interest rate framework. The new interest rate framework represents a change in the system of implementing monetary policy and promotes more efficient pricing by banking institutions. It does not represent a change in monetary policy. Therefore, the introduction of the new framework is not expected to lead to any change in the general level of domestic interest rates.

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For Your Eyes Only

We had two Optometrists as Guestspeakers............. 

Embrace Recruit Challenges

Objective: Suggested Ways to Overcome Recruitment Challenges

Seven Quotes from Warren Buffett on Gold

May 28, 2013 | About: GLD +0%

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Warren Buffett is not a big proponent of owning gold to be sure. I'm not too keen on it either, but given what has happened to the share prices of junior gold miners I can't help but think the entire sector is dramatically oversold.

Check out the chart on the junior gold miner ETF below:

[ Enlarge Image ]

It is hard to imagine that at current gold prices there aren't some serious bargains to be had in this bunch, or perhaps the entire ETF is a good idea.

As I consider some investments in the junior gold mining sector I thought it would be wise to revisit the wisdom of Buffett and his thoughts on gold:

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Teamwork??