Is Public Mutual Really That Good ?

artlx96

Originally posted by JFK at 30-10-2008 04:28 PM
Malaysia Will Survive a Global Recession

yea rite...

hujah anda????????????????

iena_kindaichi

kalau kita nak tuko agent bleh tak....?? ermm ada cara ker nak tuko agent...?? saya rasa agent saya kurang mahir.....dengan ekonomi yang tak berapa nak bagus sgt nie dia macam tak guide apa nak buat...cth nak kena switch ker hapa....ermmm dia pernah cakap hanya jaga yang tahap multi riban jer...yang setakat bawah rm10k nie tak perlu nak risau sgt.....btoll ker...?? walaupun invest bawah rm 10k tetap duit jugak kan....??

[ Last edited by  iena_kindaichi at 7-12-2008 03:08 PM ]

amirul_nazri

Originally posted by iena_kindaichi at 7-12-2008 02:42 PM
kalau kita nak tuko agent bleh tak....?? ermm ada cara ker nak tuko agent...?? saya rasa agent saya kurang mahir.....dengan ekonomi yang tak berapa nak bagus sgt nie dia macam tak guide apa nak b ...

U suruh agent baru u prepare a letter of undertaking and stated reason.

that letter tue kena initial by you, your current agent and your new agent..then submit to ofis

iena_kindaichi

so agent baru tuh sanggup ker nak amik port folio orang lain...ada komisen ker utk dia...?? hmmm masalahnyer agent baru tuh belum jumpa lagik...tapi nampaknyer macam ada potensi dari orang kat forum nie....

kasibiman

EPF: Pulangan positif setiap tahun - Dr posting Wak Kasi kat CI tp Wak Kasi kopipes kat sini, for poremers consideration.


EPF better than stock market

It never gives negative returns

IN general, most people have the impression that the money placed in the Employees Provident Fund (EPF) always generates lower returns compared with the returns from their own investments.

In this article, we will look into the returns from EPF versus returns from the KL Composite Index (KLCI). We assume that investors are able to generate their own returns equivalent to the returns from the KLCI.

Based on our 23 years of data compilation, it is generally true that the average returns generated from EPF are lower than KLCI returns. From 1986 to 2008, the average return of EPF was 6.7%, 2.3 percentage points lower than the average return of 9% from the KLCI (see table).

However, most people do not understand the risks they need to undertake when they invest by themselves. The standard deviation of EPF is only 1.5%, 22.2 percentage points lower than the standard deviation of 23.7% from the KLCI.

We use standard deviation to measure risks. Most investors only look at how to generate the extra 2.3 percentage point returns, forgetting that they need to undertake a much higher risk to generate the extra returns. The extra return is unable to compensate for the extra risks that investors need to take.

Let抯 assume one investor invested RM10,000 in the EPF and the KLCI respectively at the beginning of 1986. Logically with the average KLCI return higher than the average EPF return, the fund in KLCI should be higher than the fund in EPF in most periods.

However, as the table shows, by the end of 2008 (we assume that EPF will only be able to generate a return of 4.25%), the fund placed in KLCI would have reached RM40,000 versus RM43,946 generated by EPF, a shortfall of RM3,946.

The main reason behind this shortfall is that the EPF never gives negative returns whereas the KLCI generated negative returns eight times over the past 23 years.

There is a market saying that out of 10 people who invest in the stock market, only one can make money, the others will lose money. Warren Buffett says if you want to win, you don抰 lose. Hence, we disagree with some people who advise others not to place money in EPF because it generates lower returns.

In most periods, the money in EPF gets lower return than the money placed in KLCI. However, the main reason for the lower fund value in KLCI by the end of 2008 was the market crash during 1998.

The money in KLCI dropped by 47.1% to RM18,105 in 1998 from RM34,246 in 1997 whereas the money placed in EPF increased further to RM26,594 in 1998 from RM24,924 in 1997. After 1998, it took nine years for KLCI to catch up with the fund value in EPF.

Last year the fund value in KLCI (RM46,000) finally surpassed the fund value in EPF (RM42,154). However, as a result of the recent market crashes, we are anticipating the fund value in EPF to overtake KLCI again this year.

It will take a few years from now for the KLCI to catch up with the EPF again. Unless investors are constantly monitoring their own investments and are able to avoid most of the negative returns, we think it is safer to put money in the EPF rather than withdraw it for their own investments.

Ooi Kok Hwa is an investment adviser and managing partner of MRR Consulting.

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Tido senang malam2... Wak Kasi rasa ini artikel berguna utk dikongsi bersama

amirul_nazri

Originally posted by iena_kindaichi at 8-12-2008 01:06 PM
so agent baru tuh sanggup ker nak amik port folio orang lain...ada komisen ker utk dia...?? hmmm masalahnyer agent baru tuh belum jumpa lagik...tapi nampaknyer macam ada potensi dari orang kat fo ...

Kebanyakan Agent baru mesti sanggup namun memandangkan agent lama pun kena sign dlm letter undertaking tue, bermakna agent lama juga mesti sanggup surrender the account to agent baru..kalau tak, proses transfer nie takkan jalan..

agent baru takkan dapat komisen dpd akaun yg baru di transfer kepada dia...Only when investor buat topup kat akaun sedia ada or open new akaun, baru dia dpt komisen

[ Last edited by  amirul_nazri at 9-12-2008 03:02 PM ]

amirul_nazri

Originally posted by kasibiman at 9-12-2008 08:52 AM
EPF: Pulangan positif setiap tahun - Dr posting Wak Kasi kat CI tp Wak Kasi kopipes kat sini, for poremers consideration.


EPF better than stock market

It never gives negative returns

I ...

Writer of the article above invite anybody yg nak comment to send to him a reply..so aku pun reply dan aku stated the following:-

Miss conception Between EPF and Stock Market

No.1 asset allocation

epf is primarily bond porfolio dgn 80% kat bonds (50% kat malaysian goverment securities) dan 20% kat equities.while stock market is pure equity portfolio

No.2

stock market mmg dah volatile kerana 100% exposed to speculation and economic turbulance but for epf, risk management has set limit exposure up to 25% in stock and 75% maximum in government fixed income securities...

No.3

epf dividen is guaranteed. Are stock market return is guaranteed??

If you want to make comparison, u should make comparison between epf to its respective "low risk" benchmark such ASB, ASW etc.

Tq

kasibiman

good for you buat buat comparison apple to apple

malangnya masih byk ejen tak beretika buat comparison peach to durian, dgn ayat2 pembuka kasi leleh spt " apa engkau bodo sgt dok biar dlm epf tak sampai 7 persen walhal UT kalu 3 tawun lepas nih avg 48 persen setahun... ofkos go up one".

Tp mintak sket clarification:
1.i thought epf permissible equity exposure is 30%?
2.epf dividen guaranteed? btoi ka?

amirul_nazri

Originally posted by kasibiman at 9-12-2008 04:27 PM
good for you buat buat comparison apple to apple

malangnya masih byk ejen tak beretika buat comparison peach to durian, dgn ayat2 pembuka kasi leleh spt " apa engkau bodo sgt dok biar dlm  ...

kelambakan ejen yg tak beretika cam ko kata di atas la menjadi modus operandi utama bg senior2 agents skang utk didik mereka..agar mereka tak berterusan memberikan hujah yg tak tepat dan over reacting..silap kata reflect the whole team

ttg clarification yg ko needed, kena seek from the epf investment team..apa yg aku post recently based on my understanding during last meeting with them (few months back)..

maybe they had change strategy...or etc. etc. i

[ Last edited by  amirul_nazri at 9-12-2008 10:26 PM ]

kasibiman

Thursday December 11, 2008
Comparison on EPF and stock market investment
READER'S RESPONSE


WE are one of the fund managers that help investors invest in stocks and shares using their EPF savings.

We always believe investing in the stock market provides better returns in the long run.

Your article 揈PF better than stock market